Banking sector loan volume reached ₺10 trillion 678.7 billion last week

The credit volume of the banking sector decreased by ₺8 billion 660 million last week, falling to ₺10 trillion 678 billion 681 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume decreased by ₺8 billion 660 million as of October 6.

In the said period, total credit volume decreased from ₺10 trillion 687 billion 341 million to ₺10 trillion 678 billion 681 million.

Total deposits in the banking sector, including interbank, increased by ₺32 billion 343 million last week. Total deposits of the banking sector, which increased by 0.2% in the week in question, reached ₺13 trillion 341 billion 854 million.

The amount of consumer loans decreased to ₺1 trillion 444.2 billion

According to the bulletin, the amount of consumer loans decreased by ₺4 billion 434 million to ₺1 trillion 444 billion 190 million as of October 6. ₺445 billion 435 million of the loans in question consisted of housing loans, ₺87 billion 760 million of vehicle loans and ₺910 billion 996 million of consumer loans.

During this period, the amount of installment commercial loans increased by ₺3 billion 815 million, reaching ₺1 trillion 242 billion 798 million. Banks’ individual credit card receivables decreased by 0.4% to ₺961 billion 257 million. Of the individual credit card receivables, ₺428 billion 927 million consisted of installment debts and ₺532 billion 330 million consisted of non-installment debts.

Legal equities increased

As of October 6, non-performing receivables in the banking sector increased by ₺447 million compared to the previous week, reaching ₺168 billion 708 million. Special provisions were allocated for ₺144 billion 842 million of non-performing receivables.

In the same period, the legal equity capital of the banking system increased by ₺547 million and reached ₺2 trillion 305 billion 78 million.

Source: Trthaber / Prepared by Irem Yildiz

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