Deposits of the banking sector increased and reached ₺13 trillion 448.3 billion

Total deposits of the banking sector increased by ₺84.7 billion in the week ending September 8, reaching ₺13 trillion 448.3 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 interbank) increased by ₺84 billion 700 million 728 thousand in the week ending September 8, reaching ₺13 trillion 448 billion 260 million 95 thousand.

In the same period, TL deposits in banks increased by 1.3% to ₺7 trillion 471 billion 95 million 78 thousand, and foreign currency (FX) deposits increased by 0.2% to ₺5 trillion 375 billion 645 million 197 thousand.

While total FX deposits in banks amounted to $211 billion 611 million last week, $177.8 billion of this amount was collected in the accounts of domestic residents.

When we look at the change in total FX deposits of domestic residents, there was an increase of $251 million as of September 8, with data adjusted for parity effect.

Installment commercial loan amount decreased

Consumer loans in deposit banks decreased by 0.1% last week and reached ₺1 trillion 355 billion 307 million 12 thousand. In the same period, commercial installment loans decreased by 0.4% to ₺1 trillion 100 billion 892 million 557 thousand, and credit card balances decreased by 0.3% to ₺1 trillion 242 billion 375 million 788 thousand.

Of the consumer loans in deposit banks, ₺404 billion 188 million 623 thousand were housing loans, ₺67 billion 270 million 894 thousand were vehicle loans and ₺883 billion 847 million 495 thousand were other loans.

The total credit volume of the banking sector, including the CBRT, increased by ₺29 billion 462 million 274 thousand in the week ending September 8, reaching ₺10 trillion 32 billion 887 million 679 thousand. Total loan volume increased by 56% compared to the same period last year.

Source: Trthaber / Prepared by Irem Yildiz

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