Business

Turkish banking sector loan volume was ₺9 trillion 129 billion last week

The credit volume of the banking sector increased by ₺64 billion 824 million last week and reached ₺9 trillion 128 billion 882 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector increased by ₺64 billion 824 million as of May 26.

In the said period, the total loan volume increased from ₺9 trillion 64 billion 58 million to ₺9 trillion 128 billion 882 million.

Total deposits (including interbank) in the banking sector decreased by ₺66 billion 322 million last week. The total deposits of the banking sector, which decreased by 0.6% in the week in question, became ₺10 trillion 299 billion 69 million.

Consumer loans became ₺1 trillion 368 billion 876 million

According to the data, the amount of consumer loans increased by ₺11 billion 141 million as of May 26 to ₺1 trillion 368 billion 876 million. Of these loans, ₺431 billion 569 million consisted of housing loans, ₺79 billion 365 million vehicle loans and ₺857 billion 942 million consumer loans.

In the said period, the amount of commercial loans with installments increased by ₺1 billion 210 million and reached ₺1 trillion 103 billion 981 million.

Individual credit card receivables of banks increased by ₺29 billion 128 million to ₺699 billion 411 million. ₺368 billion 575 million of personal credit card receivables were in installments, and ₺330 billion 836 million were without installments.

Legal equity has decreased

According to the BRSA weekly data, non-performing loans in the banking sector decreased by ₺209 million compared to the previous week and decreased to ₺168 billion 277 million as of May 26. A special provision has been set aside for ₺144 billion 605 million of the aforementioned non-performing loans.

In the same period, legal equities in the banking system decreased by ₺19 billion 94 million and became ₺1 trillion 910 billion 985 million.

Source: Trthaber / Prepared by Irem Yildiz

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