Turkey’s SME Loan Delinquencies Top Their Long-Term Average
The non-performing loan rate for SME credit reached 4.2% by October 9, above its 10-year average and the broader commercial rate.
Key takeaways
- SME loan delinquencies reached 4.2% as of October 9, above the 3.1% 10-year average.
- The rate for general commercial loans was 2.5%, leaving a 1.7-point gap.
Turkey’s non-performing loan rate for small and medium-sized enterprise (SME) credit rose to 4.2% by October 9, exceeding its 3.1% 10-year average, according to regulatory data cited by Bloomberg HT.
The rate for general commercial loans was 2.5%, a 1.7 percentage-point gap between the two groups. The data indicates that repayment problems have become more pronounced in SME lending.
Both rates climbed around 2020, then fell to roughly 1.5% to 2% around 2024. They began rising again in 2025, with the increase more marked for SME loans in 2026.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
