Non-Bank Financial Institutions and Capital Markets in Turkey

The book delves into the underdeveloped state of Turkey's financial services industry, highlighting the dominance of banking and government securities in credit and capital markets. It examines the impact of macroeconomic instability and inflation on investment and private sector funding, leading to vulnerabilities and crises. The study offers insights into the growth potential of non-bank financial institutions and capital markets, addressing key policy issues like savings mobilization, institutional investor development, and enhancing corporate governance to strengthen market confidence.