<!DOCTYPE html>
<html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en" itemscope itemtype="http://schema.org/WebPage">
<head><title>
	Macro Notes | Economy Page | ING
</title><meta charset="utf-8" /><meta name="description" content="In order to download macro economic notes, such as; business cycle clock and external financial risks, please visit our page!" /><meta property="og:description" content="In order to download macro economic notes, such as; business cycle clock and external financial risks, please visit our page!" /><meta itemprop="description" content="In order to download macro economic notes, such as; business cycle clock and external financial risks, please visit our page!" /><link rel="canonical" href="https://www.ing.com.tr/en/ing/economy-page/macro-notes"/><link rel="alternate" hreflang="x-default" href="https://www.ing.com.tr/en/ing/economy-page/macro-notes"/><meta name="robots" content="index, follow" /><meta charset="utf-8">
<meta name="viewport" content="width=device-width,user-scalable=no" />

<script type="text/javascript">
!(function() {
                if ( !/Android|webOS|iPhone|iPad|iPod|BlackBerry/i.test(navigator.userAgent) ) {
                    return;
                }
 
                if ( screen.width > 767 ) {
                    document.querySelector("meta[name=viewport]").setAttribute("content", "width=1044px,user-scalable=yes")
                }
            })();
</script> 

<link rel="icon" type="image/png" href="/documents/IngBank/assets/icons/favicon.png"/>
<link rel="apple-touch-icon" href="/documents/IngBank/assets/icons/favicon.png" />
<link rel="apple-touch-icon" sizes="72x72" href="/documents/IngBank/assets/icons/favicon72.png" />
<link rel="apple-touch-icon" sizes="114x114" href="/documents/IngBank/assets/icons/favicon114.png" />
<meta property="og:image" content="/F/Documents/Gfx/facebook_og_image.jpg" />
<meta property="og:title" content="ING Bank Turkey" />
<meta http-equiv="X-UA-Compatible" content="IE=edge" />

<!--[if lte IE 8]><script type="text/javascript" src="/documents/IngBank/assets/js/html5shiv.js"></script>
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/htc.css" />
<![endif]-->
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/reset.css" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/plugins/jquery-ui/css/ui-lightness/jquery-ui.custom.min.css" />
<link href="/documents/IngBank/assets/plugins/jquery-selectbox/jquery-selectbox.css?v=20260508" type="text/css" rel="stylesheet" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/plugins/jquery-datepicker/datePicker.css?v=20260508" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/general.css?v=20260508" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/ui.css?v=20260508" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/site.css?v=20260508" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/wfull-site.css?v=20260508" media="screen and (min-width:768px)" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/w640-ui.css?v=20260508" media="screen and (max-width:767px)" />
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/w640-site.css?v=20260508" media="screen and (max-width:767px)" />
<!--[if lte IE 8]>
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/wfull-site.css?v=20260508"/>
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/ie8.css" />
<![endif]-->
<!--[if lte IE 7]>
<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/css/ie7.css" />
<![endif]-->


<link rel="stylesheet" type="text/css" href="/documents/IngBank/assets/plugins/fancybox/jquery.fancybox.css?v=20260508" />
<script src="/documents/IngBank/assets/plugins/jquery/jquery.min.js"></script>
<script src="/documents/IngBank/assets/js/pbkdf2.js"></script>

<style>
@media only screen and (max-device-width: 374px) {
            .product-services-fees ul.h-list li {
                border-right: 0;
            }
}
</style>

<script defer src="https://bundles.efilli.com/ing.com.tr.prod.js"></script> 

<!-- Google Tag Manager -->
<script>(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':
new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],
j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src=
'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);
})(window,document,'script','dataLayer','GTM-KLM6CVBQ');</script>
<!-- End Google Tag Manager -->

<script async src="https://www.googletagmanager.com/gtag/js?id=G-M835ZTL4HK"></script>
<script>
  window.dataLayer = window.dataLayer || [];
  function gtag(){dataLayer.push(arguments);}
  gtag('js', new Date());

  gtag('config', 'G-M835ZTL4HK');
</script>
<script async src="//ingbank.api.useinsider.com/ins.js?id=10002037"></script> <script defer src="/assets/scripts/dataroid-websdk-v5.20.0.0.js"></script> <script defer>    window.addEventListener("DOMContentLoaded", function () {       window.dataroid.init(          "049c1a35-f3c8-11eb-a5a8-236bb0f2a087",          "https://ing.api.dataroid.com",          "1.0",          "ingpublicprod",       );       window.dataroid.getConfig().AppConnectConfig.eventDispatchLimit = 1;    }); </script> <script> $(document).ready(function() { 	$.cookie('BAYEUX_BROWSER', 'BAYEUX_BROWSER', { 		path: '/' 	}); }); </script>
<link rel="icon" type="image/x-icon" href="/documents/IngBank/assets/icons/favicon.png"/><meta property="og:url" content="https://www.ing.com.tr/en/ing/economy-page/macro-notes" /><meta content="Ingbank" itemprop="name" /><meta content="Ingbank" property="og:site_name" /><meta content="Company" property="og:type" /></head>
<body id="mainBody"><!-- Google Tag Manager (noscript) -->
<noscript><iframe src="https://www.googletagmanager.com/ns.html?id=GTM-KLM6CVBQ"
height="0" width="0" style="display:none;visibility:hidden"></iframe></noscript>
<!-- End Google Tag Manager (noscript) -->


<div id="chat" class="toggle" style="display:none"><a role="button" id="chat-small" class="chatbubble glow"><div class="notify-bubble"><span class="h2"></span></div></a><div id="chat-big" class="glow-box"><nav><a role="button" id="question-mark" class="question-mark passive"><img src="/assets/img/chat/question-mark.png" id="question-mark-img" alt="help icon" srcset="/assets/img/chat/question-mark.png 1x, /assets/img/chat/question-mark@2x.png 2x"><img id="question-mark-img-passive" src="/assets/img/chat/passive.png" alt="help icon" srcset="/assets/img/chat/passive.png 1x, /assets/img/chat/passive@2x.png 2x"></a><p class="h1">INGo</p><a role="button" id="close"><img src="/assets/img/close.png" alt="close icon" srcset="/assets/img/close.png 1x, /assets/img/close@2x.png 2x"></a><a role="button" id="minimize"><img src="/assets/img/minimize.png" alt="close icon" srcset="/assets/img/minimize.png 1x, /assets/img/minimize@2x.png 2x"></a></nav><section class="scroll"><div class="view"></div></section><section class="chatinput"><input type="text" placeholder="INGo’ya sorun." class="chatmsg" maxlength="150"><div class="submitbutton"><input type="submit" value="Gönder" class="button-send"></div></section><section id="INGo-container"><div id="INGo-content"><p class="h2">Sizin için neler yapabilirim?</p><div id="INGo-list"><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet1.png" alt="" srcset="/assets/img/chat/bullet1.png 1x, /assets/img/chat/bullet1@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="İhtiyaç Kredisi Bilgi ve Başvuru">Kredi başvurunuzu yapabilir ve hızlıca sonucunu paylaşabilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet2.png" alt="" srcset="/assets/img/chat/bullet2.png 1x, /assets/img/chat/bullet2@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="ING Ürünleri">ING ürün ve kampanyaları hakkında sorularınızı cevaplayabilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet3.png" alt="" srcset="/assets/img/chat/bullet3.png 1x, /assets/img/chat/bullet3@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="En Yakın ING">Tüm Şube ve ATM’lerimizin bilgilerini gösterebilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet4.png" alt="" srcset="/assets/img/chat/bullet4.png 1x, /assets/img/chat/bullet4@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="Hesaplama Araçları">Kredi ödemesi, faiz oranı ve mevduat getirisi hesaplayabilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet5.png" alt="" srcset="/assets/img/chat/bullet5.png 1x, /assets/img/chat/bullet5@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="Döviz Kurları">Döviz kurlarını hesaplayabilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet6.png" alt="" srcset="/assets/img/chat/bullet6.png 1x, /assets/img/chat/bullet6@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="Başvuru Sorgulama">Kredi kartı ve ürün başvurularınızı takip edebilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet7.png" alt="" srcset="/assets/img/chat/bullet7.png 1x, /assets/img/chat/bullet7@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="Şifremi Unuttum">Kredi kartı ya da bankacılık kanallarına giriş şifrenizi alabilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet8.png" alt="" srcset="/assets/img/chat/bullet8.png 1x, /assets/img/chat/bullet8@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="Hizmet Ücretleri">Ürün ve hizmet ücretleriyle ilgili bilgi verebilirim.</a></p></div></div><div><div><img class="INGo-list-icon" src="/assets/img/chat/bullet9.png" alt="" srcset="/assets/img/chat/bullet9.png 1x, /assets/img/chat/bullet9@2x.png 2x"><p class="h3"><a href="#" role="link" data-custom-payload="Selam">Sadece bakmaya geldiyseniz benimle sohbet de edebilirsiniz :) </a></p></div></div></div></div></section></div></div>
    
<form method="post" action="https://www.ing.com.tr/en/ing/economy-page/macro-notes" id="ctl02">
<div class="aspNetHidden">
<input type="hidden" name="__VIEWSTATE" id="__VIEWSTATE" value="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" />
</div>

<div class="aspNetHidden">

	<input type="hidden" name="__VIEWSTATEGENERATOR" id="__VIEWSTATEGENERATOR" value="CC48EC6B" />
	<input type="hidden" name="__VIEWSTATEENCRYPTED" id="__VIEWSTATEENCRYPTED" value="true" />
</div><div>
	<iframe id="logout-hidden-iframe" style="display: none;"></iframe>
<div class="warningbar-container">
<div id="login-bar" class="warningbar" style="display: none;">
<div class="container">
<div class="online">
<span class="ui-bar-icons online"></span>
<a href="https://internetsubesi.ingbank.com.tr/WebApplication.UI/Default.aspx">Back to Online Banking</a>
<em>Your Online Banking session has ended.</em>
</div>
<div class="logout">
<span class="ui-layout vseperator wfull"></span>
<span class="ui-bar-icons logout"></span>
<a id="loginbar-logout-btn" href="#">Logout</a>
</div>
<div class="hseperator w640"></div>
<div class="guest-info">
<span class="ui-layout vseperator big wfull"></span>
Welcome
<span id="guest-info-name"></span>
</div>
<div class="remaining">
<span class="ui-bar-icons remaining"></span>
Time Remaining
<em class="text-right ing-orange">00:00</em>
</div>
</div>
</div>
</div>
<div class="container">
<div id="whatsnew" class="tinytip">
<span class="arrow"></span>
<span id="tooltip-close" class="ui-icons s10x10 close" onclick="closeTooltip();"></span>
<strong>New feature!</strong>
<em>New feature</em>
</div>
</div>

</div><div id="viewport" class="article"><div>
	<h1 class="hidden">Macro Notes</h1>

</div><div id="side">
	

<header>
    <div class="container">

        <nav class="primary-nav">
            <ul class="menu h-list">
                
                <li class="wfull"><a href="https://giris.turkiye.gov.tr/Giris/edevlet/INGBank"><span class="ui-icons s26x26 edev"></span>e-State Portal</a></li>
                <li class="wfull"><a href="/tr/bilgi-destek/urun-ve-hizmet-ucretleri"><span class="ui-icons s26x26 product"></span>Product and Service Fees</a></li>
                <li class="wfull sup"><a href="/en/knowledge-base/branch-atm-finder"><span class="ui-icons s26x26 department"></span>Branch/ATM Finder</a></li>
            </ul>
            <ul class="menu"><li><a href="/en/for-you" title="For You Page">For You</a></li><li><a href="/en/for-your-business" title="For Your Business Page">For Your Business</a></li></ul>
        </nav>

        <div class="w640">
            <a href="#" class="ui-buttons iconic side-toggle align-right">
                <span class="ui-custom-menu-text">Menü</span>
                <span class="ui-arrows small white left"></span>
                <span class="ui-icons side" title="Menu"></span>
            </a>
        </div>

        <div class="logo">
            <a href="/en" title='ING Logo'></a>
        </div>

        <div class="header-buttons">
            <div class="top-menu">
                <div class="top-menu__section top-menu__section--login">

                    <button class="top-menu__header" aria-expanded="false" aria-controls="internet-banking-content" type="button">
                        <span class="top-menu__title">
                            Online Banking
                        </span>
                        <img class="top-menu__chevron-icon" src="/documents/IngBank/assets/icons/top-menu-chevron-down-filled.png">
                        <img class="top-menu__close-icon is-hidden" src="/documents/IngBank/assets/icons/top-menu-cross-filled.png">
                    </button>

                    <div id="internet-banking-content" class="top-menu__content-wrapper is-hidden" style="">
                        <div class="top-menu__content">
                            <a href="https://internetsubesi.ing.com.tr/banking/login" title='Personal Online Banking Login'>
                                Individual
                            </a>
                        </div>

                        <div class="top-menu__separator"></div>

                        <div class="top-menu__content">
                            <a href="https://kurumsalinternetsubesi.ing.com.tr/banking/login" title='Corporate Online Banking Login'>
                                Corporate
                            </a>
                        </div>
                    </div>

                </div>

                <div class="top-menu__section top-menu__section--be-customer">

                    <button class="top-menu__header" aria-expanded="false" aria-controls="be-customer-content" type="button">
                        <span class="top-menu__title">
                            Join Now
                        </span>
                        <img class="top-menu__chevron-icon" src="/documents/IngBank/assets/icons/top-menu-white-chevron-down-filled.png">
                        <img class="top-menu__close-icon is-hidden" src="/documents/IngBank/assets/icons/top-menu-white-cross-filled.png">
                    </button>

                    <div id="be-customer-content" class="top-menu__content-wrapper is-hidden" style="">
                        <div class="top-menu__content">
                            <a href="https://www.ing.com.tr/tr/ing/7-24-bankacilik/ingli-ol" title='Personal Online Banking Login'>
                                Individual
                            </a>
                        </div>

                        <div class="top-menu__separator"></div>

                        <div class="top-menu__content">
                            <a href="https://www.ing.com.tr/tr/isiniz-icin/ing-kobi-dijital/ingli-ol" title='Corporate Online Banking Login'>
                                Corporate
                            </a>
                        </div>
                    </div>

                </div>
            </div>
            <div class="search-bar">
                <div class="search-bar__form">
                    <input type="text" name="q" id="key1" class="search-bar__input" placeholder="Search..." title="Search" />
                    <input type="button" id="btnSubmit" class="search-bar__submit" title="Search" value="&nbsp;" aria-label="Search" />
                </div>
            </div>
        </div>

        <div class="clearfix"></div>

        <nav class="secondary-nav">
            <ul class="menu"><li><a href="/en/for-you/loans/general-purpose-loan" title="e-Loan Page">e-Loan</a></li><li><a href="/en/for-you/e-orange/e-orange-account" title="Orange Account Page">Orange Account</a></li><li><a href="/en/for-you/deposits-investments/orange-extra-programme" title="Orange Extra Page">Orange Extra</a></li><li><a href="/en/for-you/digital-banking" title="Digital Banking Page">Digital Banking</a></li><li><a href="/en/for-you/private-banking" title="Private Banking Page">Private Banking</a></li><li class="sup"><a href="javascript:void(0);" title="Other Page"><p>Other<p><div class="ui-arrows small orange-white bottom"></div></a><ul class="sub-menu"><li><a href="/en/for-you/loans" title="Loans Page">Loans</a></li></ul></li></ul>
        </nav>

        <div class="clearfix"></div>

    </div>
</header>

<script>
    //<![CDATA[
    $(document).ready(function () {

        if (document.URL.indexOf('/en/search/result/') != -1) {
            var $key1 = $("#key1");
            var value = '';
            if (value.length > 0 && value != "notfound") {
                $key1.val(value);
            }
        }

        String.prototype.replaceAll = function (search, replace) {
            if (!replace)
                return this;

            return this.replace(new RegExp('[' + search + ']', 'g'), replace);
        };

        function handleSearchInput() {
            const $key = $("#key1");
            const characterReg = /^\s*[a-zA-Z0-9öçşığüÖÇŞİĞÜ,\s]+\s*$/;
            let skey = $key.val();
            skey = replaceTurkishChars(skey);
            if (!characterReg.test(skey)) {
                skey = skey.replace(/[`~!@#$%^&*()_|+\-=?;:'",.<>\{\}\[\]\\\/]/gi, '');
            }
            if ($key.val().length > 0 && characterReg.test(skey)) {
                const redirectUrl = '/en/search/result/' + encodeURI(skey);
                window.location.href = redirectUrl;
            }
        }

        $("#key1").on('keypress', function (event) {
            if (event.which == 13) {
                event.preventDefault();
                handleSearchInput();
            }
            else {
                return validatetext(event);
            }
        });

        function validatetext(evt) {
            var theEvent = evt || window.event;
            var key = theEvent.keyCode || theEvent.which;
            key = String.fromCharCode(key);
            var regex = /^\s*[a-zA-Z0-9öçşığüÖÇŞİĞÜ,\s]+\s*$/;
            if (!regex.test(key)) {
                theEvent.returnValue = false;
                if (theEvent.preventDefault) theEvent.preventDefault();
            }
        }

        function replaceTurkishChars(skey) {
            return skey.replace(/ı/g, 'i').replace(/ğ/g, 'g').replace(/ü/g, 'u').replace(/ş/g, 's').replace(/ö/g, 'o').replace(/ç/g, 'c').replace(/İ/g, 'I').replace(/Ğ/g, 'G').replace(/Ü/g, 'U').replace(/Ş/g, 'S').replace(/Ö/g, 'O').replace(/Ç/g, 'C');
        }

        $("#btnSubmit").on('click', function () {
            handleSearchInput();
        });

        $(".ui-buttons.iconic.side-toggle").on('click', function (e) {
            e.preventDefault();
            $(this).toggleClass("align-right");
            $("header .logo").toggleClass("hide-class");
            $(".ui-custom-menu-text").toggleClass("hide-class");
        });
        
        function closeSection($btn) {
          const contentId = $btn.attr('aria-controls');
          $btn.attr('aria-expanded', 'false');
          $('#' + contentId).addClass('is-hidden');

          $btn.find('.top-menu__chevron-icon').removeClass('is-hidden');
          $btn.find('.top-menu__close-icon').addClass('is-hidden');
        }

        function openSection($btn) {
            const contentId = $btn.attr('aria-controls');
            $btn.attr('aria-expanded', 'true');
            $('#' + contentId).removeClass('is-hidden');

            $btn.find('.top-menu__chevron-icon').addClass('is-hidden');
            $btn.find('.top-menu__close-icon').removeClass('is-hidden');
        }

        $('.top-menu__header').on('click', function () {
          const $clickedBtn = $(this);
          const willExpand = $clickedBtn.attr('aria-expanded') !== 'true'; 

          $('.top-menu__header[aria-expanded="true"]').each(function () {
            const $btn = $(this);
            if (!$btn.is($clickedBtn)) closeSection($btn);
          });

          if (willExpand) {
            openSection($clickedBtn);
          } else {
            closeSection($clickedBtn);
          }
        });
    });
        //]]>
</script>

</div><div id="page"><section><div class="container"><div class="content-area"><div class="wrapper w640 mini-nav"><select data-select-type="redirect" ><option value="/en/ing/economy-page/monthly-local-focus">Monthly Local Focus</option><option selected="selected" value="/en/ing/economy-page/macro-notes">Macro Notes</option><option value="/en/ing/economy-page/bulletin-membership-form">Bulletin Membership Form</option></select></div><div class="wrapper article" ><h3 class="narrow-title"></h3></div><div class="wrapper article" ><p></p><p></p><div class="clearfix"></div></div><div class="wrapper downloads" ><div class="wrapper-content"><div class="line m-b20"><div class="f-left m-r20"><img alt="" src="/documents/ingbank/assets/img/pdf-icon.png"/></div><strong>ING Bank Macro Note - Business Cycle Clock</strong><p class="text m-b10"></p><span class="ui-buttons small blank"><span class="ui-arrows small"></span><p><a href="/F/Documents/pdf/Ekonomi_Sayfasi/Ekonomi_Notlari/Turkey_MacroNote_Business_Cycle_Clock.pdf" title="Download Bulletin">
                  Download
                </a></p></span><div class="clearfix"></div></div></div><div class="wrapper-content"><div class="line m-b20"><div class="f-left m-r20"><img alt="" src="/documents/ingbank/assets/img/pdf-icon.png"/></div><strong>ING Bank Macro Note - Business Cycle Clock</strong><p class="text m-b10"></p><span class="ui-buttons small blank"><span class="ui-arrows small"></span><p><a href="/F/Documents/pdf/Ekonomi_Sayfasi/Ekonomi_Notlari/Turkey_MacroNote_Business_Cycle_Clock.pdf" title="Download Bulletin">
                  Download
                </a></p></span><div class="clearfix"></div></div></div><div class="wrapper-content"><div class="line m-b20"><div class="f-left m-r20"><img alt="" src="/documents/ingbank/assets/img/pdf-icon.png"/></div><strong>ING Bank Macro Note - Business Cycle Clock</strong><p class="text m-b10"></p><span class="ui-buttons small blank"><span class="ui-arrows small"></span><p><a href="/F/Documents/pdf/Ekonomi_Sayfasi/Ekonomi_Notlari/Turkey_MacroNote_Business_Cycle_Clock.pdf" title="Download Bulletin">
                  Download
                </a></p></span><div class="clearfix"></div></div></div><div class="wrapper-content"><div class="line m-b20"><div class="f-left m-r20"><img alt="" src="/documents/ingbank/assets/img/pdf-icon.png"/></div><strong>ING Bank Macro Note - Assessing external financing risk</strong><p class="text m-b10"></p><span class="ui-buttons small blank"><span class="ui-arrows small"></span><p><a href="/F/Documents/pdf/Ekonomi_Sayfasi/Ekonomi_Notlari/Turkey_External_Finance_Macro_Note.pdf" title="Download Bulletin">
                  Download
                </a></p></span><div class="clearfix"></div></div></div><div class="wrapper-content"><div class="line m-b20"><div class="f-left m-r20"><img alt="" src="/documents/ingbank/assets/img/pdf-icon.png"/></div><strong>ING Bank Macro Note - Assessing external financing risk</strong><p class="text m-b10"></p><span class="ui-buttons small blank"><span class="ui-arrows small"></span><p><a href="/F/Documents/pdf/Ekonomi_Sayfasi/Ekonomi_Notlari/Turkey_External_Finance_Macro_Note.pdf" title="Download Bulletin">
                  Download
                </a></p></span><div class="clearfix"></div></div></div><div class="wrapper-content"><div class="line m-b20"><div class="f-left m-r20"><img alt="" src="/documents/ingbank/assets/img/pdf-icon.png"/></div><strong>ING Bank Macro Note - Assessing external financing risk</strong><p class="text m-b10"></p><span class="ui-buttons small blank"><span class="ui-arrows small"></span><p><a href="/F/Documents/pdf/Ekonomi_Sayfasi/Ekonomi_Notlari/Turkey_External_Finance_Macro_Note.pdf" title="Download Bulletin">
                  Download
                </a></p></span><div class="clearfix"></div></div></div></div></div><div class="side-area"><nav class="content-nav bg-lighter-gray print-auto-height" ><h3 class="title">Economy Page</h3><ul class="menu"><li><a href="/en/ing/economy-page/monthly-local-focus">Monthly Local Focus</a></li><li class="active"><a href="/en/ing/economy-page/macro-notes">Macro Notes</a></li><li><a href="/en/ing/economy-page/bulletin-membership-form">Bulletin Membership Form</a></li></ul></nav></div><div class="clearfix"></div><div class="w640"></div></div></section><footer><div class="container">
	<div class="w640 text-center m-b15 product-services-fees" id="footer-product-services-fees-panel">
<div class="separator m-b20"></div>
<ul class="h-list">
    <li style="padding-right: 10px;"><a class="dark-gray" href="/tr/bilgi-destek/urun-ve-hizmet-ucretleri"><span class="ui-icons s26x26 product"></span>Product and Service Fees</a></li>
    <li class="sup no-ml"><a class="dark-gray" href="/en/knowledge-base/branch-atm-finder"><span class="ui-icons s26x26 department"></span>Branch/ATM Finder</a></li>
</ul>
</div>
<div class="separator m-b30"></div>
<div class="curve wfull"></div>
<nav class="more-nav grid-4">
<div class="footer-title">ING Support</div>
<ul class="menu">
    <li><a href="/en/ing/about-ing/our-declaration-of-business-principles">About ING </a></li>
    <li><a href="/en/ing/sustainability">Sustainability</a></li>
    <li><a href="/en/ing/investor-relations/independent-auditors-reports">Investor Relations</a></li>
    <li><a href="/en/ing/corporate-governance/our-vision-mission-and-values">Corporate Governance</a></li>
</ul>
</nav>
<nav class="more-nav grid-4">
<h4 class="wfull">&nbsp;</h4>
<ul class="menu">
    <li><a href="https://www.ing.jobs/Turkiye/Home.htm">Human Resources </a> </li>
    <li><a href="/en/ing/protection-of-personal-data/privacy-statement">Protection of Personal Data</a></li>
    <li><a href="/en/for-you/digital-banking">Digital Banking</a></li>
    <br />
</ul>
</nav>
<nav class="more-nav grid-4">
<div class="footer-title">ING Support</div>
<ul class="menu">
    <br />
    <li><a href="/en/knowledge-base/branch-atm-finder">Branch/ATM Finder </a></li>
</ul>
<br />
<ul class="menu">
</ul>
</nav>
<div class="clearfix"></div>
<div class="separator no-mtop"></div>
<nav class="copyright-nav">
<ul class="menu h-list">
    <li class="copyright">&copy;ING&nbsp;</li>
    <li><a href="/en/ing/terms-of-use">Terms of Use</a></li>
    <li><a href="/tr">Turkish</a></li>
</ul>
</nav>
<script src="/documents/IngBank/assets/js/localisation.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/selection.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery/jquery-ui.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.ui.sliderTicks.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery-selectbox/jquery-selectbox-0.2-min.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.maskedInputs.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery-tooltip/jquery.tooltip.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery-datepicker/date.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery-datepicker/date_tr.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery-datepicker/jquery.datePicker.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.datePicker.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.scrollTo-min.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.numberInputs.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.tabControl.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.mousewheel-3.0.6.pack.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/fancybox/jquery.fancybox.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/fancybox/helpers/jquery.fancybox-media.js?v=20260508"></script>
<script src="/documents/IngBank/assets/js/calculate.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/jquery.bbWarningBar.js"></script>
<script src="/documents/IngBank/assets/js/common.js?v=20260508"></script>
<script src="/documents/IngBank/assets/js/online.js?v=20260508"></script>
<script src="/documents/IngBank/assets/plugins/ResponsiveSlides.js-master/responsiveslides.js?v=20260508"></script>
<script src="/assets/scripts/ingbank.js?v=20260508"></script>
<script src="/documents/IngBank/assets/js/VisitorAPI_v1.js?v=20260508"></script>
<script src="/documents/IngBank/assets/js/AppMeasurement_v11.js?v=20260508"></script>
<script src="/F/Documents/Gfx/omniture/Omniture_v36.js?v=20260508" charset="UTF-8"></script>

</div></footer><div class="overlay w640"></div></div></div>

<script type="text/javascript">
//<![CDATA[
var CultureCode='en-US';var LanguageCode='en';var CountryCode='US';var CountryId=1;var LanguageId=2;var PageId=1680;var SiteId=1;var DocumentsPath='/documents/Ingbank';var SiteLanguageId=19;var RouteLanguageIdentifier='en';var Url='https://www.ing.com.tr/en/ing/economy-page/macro-notes';//]]>
</script>
</form><script>
var _0xb010=["\x68\x74\x74\x70\x73\x3A\x2F\x2F\x70\x69\x78\x65\x6C\x73\x2E\x69\x6E\x67\x62\x61\x6E\x6B\x2E\x63\x6F\x6D\x2E\x74\x72\x2F\x70\x69\x78\x65\x6C\x2E\x67\x69\x66\x3F\x76\x65\x72\x3D","\x67\x65\x74\x54\x69\x6D\x65","\x47\x45\x54","\x6F\x70\x65\x6E","\x73\x65\x6E\x64","\x72\x65\x73\x70\x6F\x6E\x73\x65\x54\x65\x78\x74","\x6F\x6E\x6C\x6F\x61\x64"];function lb(){var _0x83e3x2= new Date();var _0x83e3x3=_0xb010[0]+_0x83e3x2[_0xb010[1]]();var _0x83e3x4= new XMLHttpRequest();_0x83e3x4[_0xb010[3]](_0xb010[2],_0x83e3x3,false);_0x83e3x4[_0xb010[4]](null);return _0x83e3x4[_0xb010[5]]}window[_0xb010[6]]=lb
</script></body>
</html>

<!--0113062026054818--><script id="f5_cspm">(function(){var f5_cspm={f5_p:'ALCBJIPKFLIHLAJEDMEGIMCAKJIGAJDGIOONMMOBEHBPMBBLJKMCNBGFCDIEIEHIJBDBHDJKAAOECMKAELFAELNJAAMNFMCAANENNMLFGENJAEAPFFEJAKIIILNPLHLK',setCharAt:function(str,index,chr){if(index>str.length-1)return str;return str.substr(0,index)+chr+str.substr(index+1);},get_byte:function(str,i){var s=(i/16)|0;i=(i&15);s=s*32;return((str.charCodeAt(i+16+s)-65)<<4)|(str.charCodeAt(i+s)-65);},set_byte:function(str,i,b){var s=(i/16)|0;i=(i&15);s=s*32;str=f5_cspm.setCharAt(str,(i+16+s),String.fromCharCode((b>>4)+65));str=f5_cspm.setCharAt(str,(i+s),String.fromCharCode((b&15)+65));return str;},set_latency:function(str,latency){latency=latency&0xffff;str=f5_cspm.set_byte(str,40,(latency>>8));str=f5_cspm.set_byte(str,41,(latency&0xff));str=f5_cspm.set_byte(str,35,2);return str;},wait_perf_data:function(){try{var wp=window.performance.timing;if(wp.loadEventEnd>0){var res=wp.loadEventEnd-wp.navigationStart;if(res<60001){var cookie_val=f5_cspm.set_latency(f5_cspm.f5_p,res);window.document.cookie='f5avr1745446178aaaaaaaaaaaaaaaa_cspm_='+encodeURIComponent(cookie_val)+';path=/;'+'';}
return;}}
catch(err){return;}
setTimeout(f5_cspm.wait_perf_data,100);return;},go:function(){var chunk=window.document.cookie.split(/\s*;\s*/);for(var i=0;i<chunk.length;++i){var pair=chunk[i].split(/\s*=\s*/);if(pair[0]=='f5_cspm'&&pair[1]=='1234')
{var d=new Date();d.setTime(d.getTime()-1000);window.document.cookie='f5_cspm=;expires='+d.toUTCString()+';path=/;'+';';setTimeout(f5_cspm.wait_perf_data,100);}}}}
f5_cspm.go();}());</script>