Business

Banking sector loan volume reached ₺10 trillion 366 billion

The credit volume of the banking sector decreased by ₺5 billion 456 million last week and rose to ₺10 trillion 366 billion 32 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector decreased by ₺5 billion 456 million as of August 18. In the said period, the total loan volume decreased from ₺10 trillion 371 billion 488 million to ₺10 trillion 366 billion 32 million.

Total deposits in the banking sector (including interbank) increased by ₺138 billion 53 million last week. The total deposits of the banking sector, which increased by 1.1% in the week in question, became ₺12 trillion 987 billion 253 million.

The amount of consumer loans decreased to ₺1 trillion 419 billion

According to the data, the amount of consumer loans decreased by ₺2 billion 801 million as of August 18 to ₺1 trillion 418 billion 933 million. Of these loans, ₺445 billion 286 million consisted of housing loans, ₺86 billion 674 million vehicle loans and ₺886 billion 974 million consumer loans.

In the said period, the amount of commercial installment loans increased by ₺2 billion 823 million and reached ₺1 trillion 208 billion 691 million. Individual credit card receivables of banks decreased by 0.8% to ₺865 billion 267 million. ₺410 billion 492 million of individual credit card receivables were in installments, and ₺454 billion 775 million were without installments.

Legal equity increased

According to the BRSA weekly data, NPLs in the banking sector increased by ₺157 million compared to the previous week and reached ₺172 billion 187 million as of August 18. A special provision has been made for ₺147 billion 823 million of the non-performing loans.

In the same period, legal equity of the banking system increased by ₺59 billion 352 million and reached ₺2 trillion 173 billion 968 million.

Source: Trthaber / Prepared by Irem Yildiz

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