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Deposits of the banking sector increased to ₺10 trillion 583.4 billion

The total deposits of the banking sector increased by ₺186.9 billion in the week ending April 14 to ₺10 trillion 583.4 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 ₺186 billion 912 million 207 thousand in the week ending April 14 to ₺10 trillion 583 billion 426 million 172 thousand.

In the same period, TL deposits in banks increased by 2.8% to ₺6 trillion 61 billion 754 million 920 thousand, and foreign currency (FX) deposits increased by 0.5% to ₺4 trillion 104 billion 103 million 528 thousand.

While the total FX deposits in banks were $223 billion 714 million last week, $187.9 billion of this amount was collected in the accounts of residents.

Looking at the change in total FX deposits of domestic residents, a decrease of $605 million was seen as of April 14, in parity adjusted data.

The amount of installment commercial loans increased

Consumer loans in deposit banks increased by 1.4% last week to ₺1 trillion 231 billion 567 million 730 thousand. In the same period, commercial loans with installments increased by 1.6% to ₺995 billion 932 million 663 thousand, and the balance of credit cards increased by 3.4% to ₺857 billion 536 million 500 thousand.

₺366 billion 850 million 767 thousand of consumer loans in deposit banks consisted of housing, ₺54 billion 639 million 359 thousand for vehicles and ₺810 billion 77 million 604 thousand for other loans.

The total loan volume of the banking sector, including the CBRT, increased by ₺128 billion 96 million 973 thousand in the week ending April 14 and reached ₺8 trillion 436 billion 353 million 502 thousand. Total loan volume increased by 57.90% compared to the same period of the previous year.

Banking sector loan volume was ₺8 trillion 751 billion last week

The credit volume of the banking sector increased by ₺132 billion 851 million last week and reached ₺8 trillion 751 billion 294 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by ₺132 billion 851 million as of April 14. In the said period, the total loan volume increased from ₺8 trillion 618 billion 443 million to ₺8 trillion 751 billion 294 million.

Total deposits in the banking sector (including interbank) increased by ₺194 billion 405 million last week. The total deposits of the banking sector, which increased by 1.9% in the week in question, became ₺10 trillion 306 billion 891 million.

Consumer loans became ₺1 trillion 298 billion 145 million

According to the data, the amount of consumer loans increased by ₺18 billion 65 million as of April 14 to ₺1 trillion 298 billion 145 million. ₺402 billion 698 million of the said loans consisted of housing loans, ₺68 billion 790 million for vehicles and ₺826 billion 657 million for consumer loans.

In the said period, the amount of commercial loans with installments increased by ₺15 billion 554 million and reached ₺1 trillion 96 billion 277 million . Individual credit card receivables of banks increased by ₺21 billion 999 million to 599 billion ₺27 million. ₺310 billion 357 million of personal credit card receivables became installments, ₺288 billion 670 million did not.

Legal equity increased

According to the BRSA weekly data, NPLs in the banking sector increased by ₺1 billion 632 million compared to the previous week and reached ₺160 billion 675 million as of April 14. A special provision has been set aside for ₺139 billion 735 million of the aforementioned non-performing loans.

In the same period, legal equity in the banking system increased by ₺6 billion 878 million to ₺1 trillion 816 billion 101 million.

Source: AA / Prepared by Irem Yildiz

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