Kuresel Likidite ve Banka Dis Borclarinin Bolgesel Dagilimi

[TR] Bu calismada, Turk bankacilik sektorunun yurt disindan kaynak temin ettigi ulke/banka sayisinda yasanan artis sonucu azalan yogunlasmanin, banka dis borclarinin kuresel likidite gelismelerine olan duyarliligina etkileri analiz edilmistir. Son donemde, sektorun geleneksel finans merkezlerinden temin ettigi borclari yenilemeye devam etmekle birlikte yeni ulkelere de erisim sagladigi ve diger ulkeler merkezli bankalarin onemli birer fon kaynagi haline geldigi gozlenmektedir. Tahmin sonuclari, borc temin edilen ulke/banka sayisinda artan cesitlilik sonucu azalan yogunlasmanin, banka dis borclarinin kuresel likidite gelismelerine olan duyarliligini azaltmak suretiyle kuresel likiditenin tahsis ve araciliginda sistemik oneme sahip herhangi bir ulke ya da bankada yasanabilecek finansal soklarin ulkemize yansima riskini sinirladigina isaret etmektedir. [EN] This study analyzes the impacts of increasing diversification in the countries/banks that provide funds to Turkish banking sector on the sensitivity of cross-border bank loans to the global liquidity conditions. Recently, it has been observed that the sector continues to roll-over its debts from traditional financial centers, but also provides access to new countries/banks, and other country-based banks has become an important source of funds for Turkish banking sector. Estimation results indicate that increasing diversification of lender countries/banks lessens the sensitivity of cross-border bank loans to the global liquidity conditions and thereby limit the spillover effects of any financial shocks occurred in systemically important countries or banks.