Total deposits of the banking sector decreased by ₺2.1 billion in the week ending February 9 compared to the previous week, falling to ₺15 trillion 277.8 billion.
The Central Bank of the Republic of Turkiye (CBRT) announced weekly money and bank statistics.
Accordingly, the total deposits of the banking sector (including interbank) decreased by ₺2 billion 73 million 144 thousand in the week ending February 9, decreasing to ₺15 trillion 277 billion 796 million 991 thousand.
In the same period, TL deposits in banks decreased by 0.3% to ₺8 trillion 636 billion 912 million 535 thousand, and foreign currency (FX) deposits increased by 0.4% to ₺6 trillion 16 billion 469 million 491 thousand.
While total FX deposits in banks amounted to $208 billion 101 million last week, $175 billion 747 million of this amount was collected in the accounts of domestic residents.
Considering data adjusted for parity effect, there was an increase of $31 million in total FX deposits of domestic residents as of February 9.
Installment commercial loan amount increased
Consumer loans in deposit banks increased by 0.4% last week and reached ₺1 trillion 452 billion 20 million 53 thousand. In the same period, commercial installment loans increased by 1.7% to ₺1 trillion 343 billion 457 million 536 thousand, and credit card balances increased by 0.2% to ₺1 trillion 649 billion 525 million 925 thousand.
Of the consumer loans in deposit banks, ₺394 billion 932 million 629 thousand consisted of housing loans, ₺71 billion 43 million 925 thousand consisted of vehicle loans and ₺986 billion 43 million 499 thousand consisted of other loans.
The total credit volume of the banking sector, including the CBRT, increased by ₺60 billion 599 million 971 thousand in the week ending February 9, reaching ₺11 trillion 553 billion 574 million 403 thousand. Total loan volume increased by 52.2% compared to the same period last year.
Source: Dunya.com / Prepared by Irem Yildiz