Basic Problems of the Banking Sector in the TRNC With Partial Emphasis on the Proactive and Reactive Strategies Applied

Kuzey Kıbrıs Türk Cumhuriyeti'nde (KKTC) 2000 yılının başında başlayan banka krizleri, 10 bankanın tasfiyesine ve 1999 Gayri Safi Milli Hasıla'sının (GSMH) % 50'sine tekabül edecek şekilde ekonomide 200 trilyon TL'lik kayıplara yol açmıstır. Söz konusu banka krizlerinin temel sebepleri ise bankacılık ile ilgili gözetleme, denetleme ve düzenlemeden sorumlu kurum ve kuruluşların proaktif stratejileri benimsememeleridir. Kriz sonrası sektörde istikrarı getirmek için başta yasal olmak üzere yapılan düzenlemeler, reaktif stratejilerin bir gereği olup özellikle dış çevrenin yaratacağı ve gelecekte olabilecek olumsuz unsurları dikkate almaktan uzaktır. Bu çalısmanın temel amacı KKTC bankacılık sektörünün temel sorunlarını uygulanan reaktif ve proaktif stratejilere de vurgu yaparak analiz etmek ve bu yönde öneriler geliştirmektir. Çalışmada sırasıyla aşağıdaki kısımlar yer alacaktır. - Proaktif ve reaktif strateji kavramı - Bankacılık sektörünün yapısı - KKTC bankacılık krizinin analizi - KKTC bankacılık sektörünün yapısal sorunları - Sonuç ve Öneriler

KKTC Bankacılık Sektörünün Temel Sorunları ve Uygulanan Proaktif ve Reaktif Stretejilerin Kısmi Olarak Vurgulanması

The banking crisis of the Turkish Republic of Northern Cyprus (TRNC), which occurred at the beginning of the year 2000, has resulted in the liquidation of ten banks and ended up with economic losses of approximately 200 trillion TL, almost equivalent to 50% of GNP for 1999. The main reason for such huge losses for the TRNC economy is due to the fact that the commercial banks and the institutions responsible for regulation, monitoring, supervision of the financial sector together with those running the monetary policies did not have an organizational appreciation of proactive strategies. The amendments made to the Banking Law after the crises to reestablish stability within the sector could not go beyond reflecting the concept of reactive strategies and hence, did not include any proactive strategies necessary for eliminating the negative consequences of probable external factors. The main aim of this study is to analyze the basic problems of the banking sector in Northern Cyprus with partial emphasis on the applied proactive and reactive strategies and make recommendations accordingly. This study will include the following consecutive parts: - The concepts of proactive and reactive strategies - The current status and functionality of the TRNC Banking Sector - An analysis of the TRNC banking crisis - Structural problems of the banking sector in the TRNC - Conclusion and Recommendations

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