The Effect of Syndication and Securitization Loans on Financial Performance of State-Owned Banks: The Case of Turkey

Abstract

The purpose of this study was to investigate the impact of received syndicated and securitization of loans by state-owned banks in Turkey's on their financial performance. In this study, the banking sector was limited and only state-owned banking sector was examined. The data of banking sector and syndication loans data are taken from the official website of the BRSA. In this study, Johansen Cointegration Test and VEC Granger Causality Tests were used as methods. As a result of the study; it was seen that there was a cointegrated relationship between syndication/ securitization loans and the financial performance of the bank in the long term. It is concluded that in the short term syndication and securitization loans do not cause the financial performance of the bank and that there is a causal relationship in the long term.