Banking sector loan volume reached ₺10 trillion 503.3 billion last week

The loan volume of the banking sector increased by ₺40 billion 161 million last week, reaching ₺10 trillion 503 billion 294 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s loan volume increased by ₺40 billion 161 million as of September 15. During the said period, total loan volume increased from ₺10 trillion 463 billion 132 million to ₺10 trillion 503 billion 294 million.

Total deposits in the banking sector (including interbank) also increased by ₺163 billion 560 million last week. Total deposits of the banking sector, which increased by 1.3% in the week in question, reached ₺13 trillion 196 billion 609 million.

The amount of consumer loans decreased to ₺1 trillion 429.4 billion

According to the data, the amount of consumer loans decreased by ₺8 billion 416 million to ₺1 trillion 429 billion 381 million as of September 15. ₺446 billion 640 million of the loans in question consisted of housing loans, ₺86 billion 805 million of vehicle loans and ₺895 billion 936 million of consumer loans.

During the said period, the amount of installment commercial loans increased by ₺5 billion 411 million, reaching ₺1 trillion 209 billion 985 million. Banks’ individual credit card receivables increased by 0.4%, reaching ₺928 billion 327 million. Of the individual credit card receivables, ₺424 billion 257 million were in installments and ₺504 billion 71 million were in non-installments.

Legal equities increased

According to BRSA weekly data, non-performing receivables in the banking sector increased by ₺798 million compared to the previous week, reaching ₺173 billion 341 million, as of September 15. A special provision was allocated for ₺148 billion 537 million of the non-performing receivables in question.

In the same period, the legal equity capital of the banking system increased by ₺4 billion 840 million and reached ₺2 trillion 250 billion 202 million.

Source: AA / Prepared by Irem Yildiz

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