Banking sector loan volume reached ₺10 trillion 463.1 billion last week

The loan volume of the banking sector increased by ₺38 billion 371 million last week, reaching ₺10 trillion 463 billion 132 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺38 billion 371 million as of September 8. During the said period, total credit volume increased from ₺10 trillion 424 billion 761 million to ₺10 trillion 463 billion 132 million.

Total deposits in the banking sector (including interbank) also increased by ₺98 billion 422 million last week. Total deposits of the banking sector, which increased by 0.8% in the week in question, reached ₺13 trillion 33 billion 50 million.

The amount of consumer loans decreased to ₺1 trillion 437.8 billion

According to the data, the amount of consumer loans decreased by ₺729 million to ₺1 trillion 437 billion 797 million as of September 8. ₺447 billion 490 million of the loans in question consisted of housing loans, ₺87 billion 286 million of vehicle loans and ₺903 billion 21 million of consumer loans.

In the said period, the amount of installment commercial loans decreased by ₺4 billion 230 million to ₺1 trillion 204 billion 575 million. Banks’ individual credit card receivables increased by 0.3% to ₺924 billion 698 million. Of the individual credit card receivables, ₺422 billion 44 million were in installments and ₺502 billion 654 million were in non-installments.

Legal equities increased

According to BRSA weekly data, non-performing receivables in the banking sector decreased by ₺348 million compared to the previous week as of September 8, decreasing to ₺172 billion 543 million. A special provision was allocated for ₺148 billion 718 million of the non-performing receivables in question.

In the same period, the legal equity capital of the banking system increased by ₺982 million and reached ₺2 trillion 245 billion 362 million.

Source: AA / Prepared by Irem Yildiz

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