CBRT: Deposits of the banking sector increased to ₺12 trillion 231.8 billion

The total deposits of the banking sector increased by ₺192.6 billion in the week ending July 7 to ₺12 trillion 231.8 billion.

Weekly money and bank statistics were published by the Central Bank of the Republic of Turkiye (CBRT).

Accordingly, total deposits in the banking sector (including between banks) increased by ₺192 billion 618 million 848 thousand in the week ending July 7 to ₺12 trillion 231 billion 815 million 384 thousand.

In the same period, TL deposits in banks increased by 1.7% to ₺6 trillion 628 billion 553 million 298 thousand, and foreign currency (FX) deposits increased by 1.2% to ₺5 trillion 5 billion 502 million 440 thousand.

While the total FX deposits in banks were $203 billion 469 million last week, $168.6 billion of this amount was collected in the accounts of residents.

Looking at the change in total FX deposits of domestic residents, an increase of $453 million was seen as of July 7, in parity-adjusted data.

The amount of commercial loans in installments decreased

Consumer loans in deposit banks increased by 0.7% last week to ₺1 trillion 316 billion 94 million 275 thousand. In the same period, commercial loans with installments decreased by 0.2% to ₺1 trillion 73 billion 595 million 264 thousand, and the balance of credit cards decreased by 0.4% to ₺1 trillion 90 billion 831 million 115 thousand.

Of the consumer loans in deposit banks, ₺399 billion 258 million 430 thousand consisted of housing, ₺64 billion 630 million 350 thousand vehicle and ₺852 billion 205 million 495 thousand other loans.

The total loan volume of the banking sector, including the CBRT, decreased by ₺1 billion 863 million 639 thousand in the week ending July 7 to ₺9 trillion 562 billion 740 million 833 thousand. Total loan volume increased by 56.9% compared to the same period of the previous year.

Source: Trthaber / Prepared by Irem Yildiz

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