The credit volume of the banking sector increased by ₺101 billion 311 million last week, reaching ₺11 trillion 837 billion 485 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺101 billion 311 million as of January 26.
During the said period, total credit volume increased from ₺11 trillion 736 billion 174 million to ₺11 trillion 837 billion 485 million.
Total deposits in the banking sector, including interbanks, increased by ₺65 billion 848 million last week. Total deposits reached ₺15 trillion 101 billion 317 million.
The amount of consumer loans increased to ₺1 trillion 527 billion
The amount of consumer loans increased by ₺12 billion 923 million to ₺1 trillion 526 billion 904 million as of January 26. ₺436 billion 713 million of the loans in question consisted of housing loans, ₺94 billion 96 million of vehicle loans and ₺996 billion 95 million of consumer loans.
During this period, the amount of installment commercial loans increased by ₺29 billion 735 million and reached ₺1 trillion 438 billion 439 million.
Banks’ individual credit card receivables also increased by 2.8%, reaching ₺1 trillion 206 billion 915 million. Of the individual credit card receivables, ₺522 billion 515 million were installment debts and ₺684 billion 400 million were non-installment debts.
Legal equities increased
As of January 26, non-performing receivables in the banking sector increased by ₺534 million compared to the previous week, reaching ₺194 billion 750 million. Special provisions were allocated for ₺158 billion 450 million of non-performing receivables.
In the same period, the legal equity capital of the banking system increased by ₺99 billion 732 million and reached ₺2 trillion 593 billion 970 million.
Source: AA / Prepared by Irem Yildiz