Banking sector loan volume reached ₺10 trillion 424.8 billion last week

The loan volume of the banking sector increased by ₺75 billion last week, reaching ₺10 trillion 424 billion 761 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺75 billion as of September 1. During the said period, total credit volume increased from ₺10 trillion 349 billion 698 million to ₺10 trillion 424 billion 761 million.

Total deposits in the banking sector (including interbank) increased by ₺42 billion 535 million last week. Total deposits of the banking sector, which increased by 0.3% in the week in question, reached ₺12 trillion 934 billion 627 million.

The amount of consumer loans increased to ₺1 trillion 438.5 billion

According to the data, the amount of consumer loans increased by ₺4 billion 351 million to ₺1 trillion 438 billion 525 million as of September 1. Of these loans, ₺447 billion 669 million were housing loans, ₺87 billion 447 million were vehicle loans, and ₺903 billion 409 million were consumer loans.

During the said period, the amount of installment commercial loans increased by ₺2 billion 507 million, reaching ₺1 trillion 208 billion 805 million. Banks’ individual credit card receivables increased by 3.6%, reaching ₺992 billion 296 million. Of the individual credit card receivables, ₺419 billion 545 million were in installments and ₺502 billion 752 million were in non-installments.

Legal equities increased

According to the BRSA weekly data, NPLs in the banking sector increased by ₺875 million compared to the previous week and reached ₺172 billion 891 million as of September 1. A special provision has been made for ₺148 billion 255 million of the aforementioned non-performing loans.

In the same period, legal equities of the banking system increased by ₺1 billion 91 million and reached ₺2 trillion 244 billion 380 million.

Source: AA / Prepared by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button