Markets News
Markets1 min read
Turkey’s Stock-Backed Borrowing Falls From July Peak
Credit volume and the number of investors using stock-backed loans both declined between July and October, according to TSPB data.
Key takeaways
- Stock-backed credit volume fell 38% from July’s peak to 82.2 billion lira in October.
- The number of investors using credit declined to 38 bin 558 in October.
Stock-backed credit volume on Borsa Istanbul fell 38% from its July peak to 82.2 billion lira in October, according to Turkey’s Capital Markets Association (TSPB).
The number of investors using credit also declined, from 48 bin 935 in July to 38 bin 558 in October. TSPB data showed a 21% decrease over the three-month period.
Credit per investor fell to 2.1 million lira in October, from 2.7 million lira in July, the association’s data showed.
Topics
Borsa IstanbulTSPB
Further reading
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
