We use cookies to provide some features and experiences in QOSHE

More information  .  Close
Aa Aa Aa
- A +

Bank forecasts for 2018 and the possible consequences

13 5 6

As the 2018 budgets for big banks have been determined, forecasts regarding their macro goals and credit-deposit relations are surfacing. Actually, we can say these forecasts apply to all companies working on big budgets.

While İşbank has predicted a 4.1-percent growth for 2018, it has predicted the inflation rate as 10.2. Garanti Bank, however, has predicted a 4.5-percent growth rate for 2018. Garanti Bank’s USD exchange prediction is 4.14 Turkish Liras.

Banks take their budget works as a basis when predicting the forecasts.

So, we can see that the private banking sector predicts the growth to be around 4-4.5 percent, this year’s inflation rate as 10 percent and the exchange rate to be around 20 percent. When we look at big real sector firms, we see they have similar predictions.

Let us also remember that while these numbers are quite different from official........

© Hürriyet Daily News