The credit volume of the banking sector increased by ₺31 billion 707 million last week, reaching ₺11 trillion 661 billion 959 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺31 billion 707 million as of January 5.
During the said period, total credit volume increased from ₺11 trillion 630 billion 252 million to ₺11 trillion 661 billion 959 million.
Total deposits in the banking sector, including interbanks, decreased by ₺162 billion 821 million last week. Total deposits of the banking sector, which decreased by 1.1%, reached ₺14 trillion 680 billion 260 million.
The amount of consumer loans increased to ₺1 trillion 516 billion 260 million
The amount of consumer loans increased by ₺2 billion 509 million to ₺1 trillion 516 billion 260 million as of January 5. ₺437 billion 883 million of the loans in question consisted of housing loans, ₺95 billion 329 million of vehicle loans and ₺983 billion 48 million of consumer loans.
During this period, the amount of installment commercial loans increased by ₺8 billion 744 million and reached ₺1 trillion 393 billion 482 million.
Banks’ individual credit card receivables increased by 1.6% to ₺1 trillion 173 billion 349 million. Of the individual credit card receivables, ₺510 billion 455 million were installment debts and ₺662 billion 894 million were non-installment debts.
Legal equities increased
As of January 5, non-performing receivables in the banking sector increased by ₺556 million compared to the previous week, reaching ₺191 billion 984 million. Special provisions were allocated for ₺154 billion 294 million of non-performing receivables.
In the same period, the legal equity capital of the banking system increased by ₺354 million and reached ₺2 trillion 444 billion 632 million.
Source: Trthaber / Prepared by Irem Yildiz