Abstract:This study aims to examine the relationship between sovereign risk and financial performance of the Turkish banking industry in order to identify the interaction channels between these two. To this end, financial data relating to the Turkish banking industry were analyzed based on the CAMELS rating system and were compared with Turkey's Credit Default Swap rates using the most appropriate causality analysis tools. The results showed that there are significant causal relations between sovereign risk and several… Show more
The banking sector fulfills many important roles such as growing the financial sector, increasing economic welfare, promoting investments and supporting all other segments of society. Due to these aspects, it is very important to closely monitor the sector and analyze its performance continuously. In this study, CAMELS method is preferred to analyze the performance of 12 deposit banks operating in the banking sector between 2011 and 2021. According to the results obtained, it was determined that the performance of Ziraat Bank, Halkbank and Vakıflar Bank, which are publicly owned banks, followed a poor course in general, while private capital banks generally have a good outlook, and Akbank and Citibank are the private capital banks with the best performance.
The banking sector fulfills many important roles such as growing the financial sector, increasing economic welfare, promoting investments and supporting all other segments of society. Due to these aspects, it is very important to closely monitor the sector and analyze its performance continuously. In this study, CAMELS method is preferred to analyze the performance of 12 deposit banks operating in the banking sector between 2011 and 2021. According to the results obtained, it was determined that the performance of Ziraat Bank, Halkbank and Vakıflar Bank, which are publicly owned banks, followed a poor course in general, while private capital banks generally have a good outlook, and Akbank and Citibank are the private capital banks with the best performance.
Bu çalışmada ülke temerrüt takası priminin Türk bankacılık sektörüne ait bir dizi gösterge ile bağlantıları araştırılmıştır. Değişkenler arasındaki ilişki dağıtılmış otoregresif sınır testi yaklaşımına başvurulmak suretiyle analiz edilmiştir. 2009Q1–2023Q2 dönemindeki üçer aylık verilerle gerçekleştirilen araştırmanın tahmin sonuçları; sektörün yabancı para likidite karşılama oranındaki artışların kısa dönemde, sermaye yeterliliğindeki yükselişlerin ise hem kısa hem de uzun dönemde ülke temerrüt takası primlerini düşürdüğünü göstermektedir. Sektörün aktif toplamının gayri safi yurtiçi hasılaya oranındaki yükselişler uzun dönemde, net döviz pozisyonunun toplam özkaynaklara oranındaki artışlar her iki dönemde de ülke temerrüt takası primlerinin yükselmesine neden olmaktadır. Bulgular, ülke riski açısından bankacılık sektörünün önemini teyit etmektedir.
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