The credit volume of the banking sector increased by ₺67 billion 879 million last week, reaching ₺12 trillion 8 billion 987 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺67 billion 879 million as of February 9.
During the said period, total credit volume increased from ₺11 trillion 941 billion 108 million to ₺12 trillion 8 billion 987 million.
Total deposits in the banking sector, including interbank, decreased by ₺4 billion 613 million last week. Total deposits reached ₺14 trillion 866 billion 442 million.
The amount of consumer loans increased to ₺1 trillion 539 billion
The amount of consumer loans increased by ₺5 billion 811 million to ₺1 trillion 538 billion 994 million as of February 9. ₺437 billion 341 million of the loans in question consisted of housing loans, ₺93 billion 786 million of vehicle loans and ₺1 trillion 7 billion 866 million of consumer loans.
During this period, the amount of installment commercial loans increased by ₺23 billion 776 million and reached ₺1 trillion 471 billion 481 million.
Banks’ individual credit card receivables also increased by 0.3%, reaching ₺1 trillion 251 billion 91 million. Of the individual credit card receivables, ₺545 billion 866 million were installment debts and ₺705 billion 224 million were non-installment debts.
Legal equities increased
As of February 9, non-performing receivables in the banking sector increased by ₺970 million compared to the previous week, reaching ₺197 billion 55 million. Special provisions were allocated for ₺160 billion 500 million of non-performing receivables.
In the same period, the legal equity capital of the banking system increased by ₺1 billion 309 million and reached ₺2 trillion 619 billion 151 million.
Source: Trthaber / Prepared by Irem Yildiz