Business · Markets · 4 hrs ago
About 3,000 Turkish firms held investments in funds under liquidation
A Central Bank analysis found that about 3,000 Turkish companies held investments in funds under liquidation.
The funds were placed into liquidation after a decision by Turkey’s Capital Markets Board on Sept.
17, 2026.
As of Sept.
15, the companies had 116 billion lira invested in the affected funds, nearly half of it in money market funds.
Together, these firms represented a small share of Turkey’s economy, including 1.2 percent of real-sector assets and 0.6 percent of employment.
Although some firms faced liquidity constraints, they continued to have access to bank credit, with weekly data showing an increase in short-term lira lending to them.
Central Bank measures introduced on Oct.
1 may have helped maintain that access, and further measures could support financing for smaller firms and corporate bond issuers.
The analysis warns that wider market effects could still weaken spending and investment if asset prices fall, financial conditions tighten or confidence declines.
A Central Bank blog analysis found that around 3,000 Turkish non-financial companies held 116 billion lira in funds placed into liquidation.
The Capital Markets Board ordered the funds into liquidation on Sept. 17, 2026.
The affected firms accounted for a relatively small share of the Turkish economy and continued to have access to bank credit, the study said.
The firms’ investments included 57 billion lira in money market funds, with the rest in equity and other fund types.
The authors cautioned that wider effects from falling asset prices, tighter financial conditions and weaker confidence could still affect economic decisions.
- Who
- Around 3,000 Turkish non-financial companies held investments in the affected funds.
- What
- A Central Bank blog analysis assessed firms’ exposure to investment funds placed into liquidation.
- When
- The holdings were measured as of Sept. 15, 2026; the Capital Markets Board ordered the funds into liquidation on Sept. 17.
- Where
- Turkey.
- Why
- The study examined the possible effects of the funds’ liquidation on firms, their financing and the wider economy.
This story does not have two clearly opposing sides.
Around 3,000 non-financial companies held a combined 116 billion lira in the affected funds.
The Capital Markets Board decided to place the funds into liquidation.
The Central Bank introduced macroprudential measures to support financial stability and bank liquidity management.
Hürriyet Daily News reported on the Central Bank blog analysis.
- Companies
- Around 3,000 non-financial firms
- Total holdings
- 116 billion Turkish lira
- Money market fund holdings
- 57 billion lira
- Share of real-sector assets
- 1.2 percent
- Share of employment
- 0.6 percent