“…As a result of the regression analysis, there is a positive relationship between bank loans and current account deficit. Also, Motonishi and Yoshikawa (1999), Kunieda and Shibata (2005), Biztis and others (2008), Telatar (2011), Göçer andothers (2013), , Morel Benito and Roehn (2016), Dücan and others (2016), Davis and others (2016) and Akçayır and Albeni (2016) reached equivalent results in their studies. On the contrary, Begeç (2015) concluded that loan amount does not have any effect on current account deficit by using Johansen co-integration analysis.…”