(*) The definition of “Fx assets minus Fx liabilities” used in the quarterly statistics of the Turkish banking system by groups, contains only Fx assets and Fx liabilities in the balance-sheet. As explained in the glossary, this definition differs from that of “Net General Position” in the regulation on standard ratio for Fx Net General Position /Capital Base issued by the Central Bank and Treasury. Fx denominated loans in the balance-sheet, Fx assets and Fx liabilities in the off-balance sheet are not included in the former definition.

The difference between the definitions of net Fx position should be considered while making an analysis of the banking system