Business

The loan volume of banks reached ₺9 trillion 68 billion

The credit volume of the banking sector increased by ₺96 billion 798 million last week and reached ₺9 trillion 67 billion 851 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by ₺96 billion 798 million as of May 12. In the said period, the total loan volume increased from ₺8 trillion 971 billion 53 million to ₺9 trillion 67 billion 851 million.

Total deposits (including interbank) in the banking sector decreased by ₺34 billion 592 million last week. The total deposits of the banking sector, which decreased by 0.33% in the week in question, became ₺10 trillion 405 billion 836 million.

Consumer loans became ₺1 trillion 353 billion 280 million

According to the data, the amount of consumer loans increased by ₺24 billion 602 million as of 12 May and rose to ₺1 trillion 353 billion 280 million. ₺423 billion 400 million of the said loans consisted of housing loans, ₺77 billion 804 million for vehicles and ₺852 billion 75 million for consumer loans.

In the said period, the amount of commercial loans with installments increased by ₺5 billion 149 million and reached ₺1 trillion 108 billion 337 million. Individual credit card receivables of banks increased by ₺25 billion 920 million and reached ₺670 billion 9 million. ₺353 billion 461 million of personal credit card receivables were in installments, and ₺316 billion 547 million were without installments.

Legal equity increased

According to the BRSA weekly data, non-performing loans in the banking sector decreased by ₺495 million compared to the previous week and decreased to ₺169 billion 54 million as of May 12. A special provision has been set aside for ₺144 billion 361 million of the aforementioned non-performing receivables.

In the same period, legal equities in the banking system increased by ₺391 million and reached ₺1 trillion 935 billion 627 million.

Source: Trthaber / Prepared by Irem Yildiz

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