Business

The loan volume of the banking sector increased to ₺6 trillion 569 billion

The loan volume of the banking sector increased by ₺53 billion 374 million last week to ₺6 trillion 569 billion 302 million. The amount of consumer loans increased by ₺6 billion 487 million to ₺936 billion 273 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by ₺53 billion 374 million as of August 12. In the said period, the total loan volume increased from ₺6 trillion 515 billion 928 million to ₺6 trillion 569 billion 302 million.

Total deposits in the banking sector (including interbank) increased by ₺144 billion 199 million last week. The total deposits of the banking sector, which increased by 1.9% in the week in question, became ₺7 trillion 731 billion 715 million.

The amount of consumer loans exceeded ₺936 billion

According to the data, the amount of consumer loans increased by ₺6 billion 487 million as of August 12 to ₺936 billion 273 million. ₺352 billion 496 million of the said loans consisted of housing loans, ₺26 billion 790 million for vehicles and ₺556 billion 987 million for consumer loans.

In the said period, the amount of commercial installment loans increased by ₺1 billion 383 million to ₺864 billion 363 million. Banks’ personal credit card receivables increased by 2.5% to ₺305 billion 697 million. ₺131 billion 78 million of personal credit card receivables were in installments, ₺174 billion 619 million were without installments.

Legal equity increased

According to the BRSA weekly data, non-performing loans in the banking sector decreased by ₺633 million compared to the previous week and decreased to ₺162 billion 5 million as of August 12. A special provision has been set aside for ₺132 billion 862 million of the aforementioned non-performing loans.

In the same period, legal equities of the banking system increased by ₺635 million and reached ₺1 trillion 320 billion 278 million.

Source: Trthaber / Translated by Irem Yildiz

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