THE RELATIONSHIP BETWEEN FINANCIAL STABILITY AND BANKING REGULATIONS IN TURKEY (1990-2010)

Abstract

In this study, it is focused on how and to what extent today’s fundamental banking regulation tools such as capital, liquidity, provisioning and reserve requirements applied by international agencies do influence the financial stability in both short and long term. In this analysis, the data derived from quarterly financial reports of Turkish Banking System for the period of 1990-2010 are used in order to display and measure the relationship between financial stability and banking regulations. According to our model, banking regulations, specifically liquidity management, capital adequacy and provision policy are meaningful and influential factors over financial stability in the long run. Also, in the short run, provision policy and liquidity management are significant banking regulation tools.

Keywords

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Abstract

Bu çalışmada, büyük oranda uluslararası kurallara bağlanan sermaye, likidite, kredi karşılıkları ve zorunlu karşılıklar gibi temel bankacılık düzenleme araçlarının finansal istikrarı kısa ve uzun dönemde nasıl ve ne kadar etkilediğine odaklanılmaktadır. Finansal istikrar ile bankacılık düzenlemeleri arasındaki ilişkinin gösterilmesi ve ölçülmesi Türk Bankacılık Sektörü’nün 1990-2010 arası çeyrek dönem finansal tabloları üzerinden yapılmıştır. Oluşturduğumuz modele göre, likidite yönetimi, sermaye yeterliliği ve karşılık politikası gibi düzenleme araçları uzun dönemde finansal istikrar üzerinde etkili olurken, kısa dönemde karşılık politikası ve likidite yönetiminin finansal istikrar üzerinde önemli tesiri olduğu anlaşılmıştır

Keywords

• Finansal İstikrar, Bankacılık Düzenlemeleri, Finansal İstikrar Endeksi, Temel Bankacılık Düzenleme Araçları

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