Despite Loan Decrease, Deposits Rise to ₺16.7 Trillion
The banking sector’s loan volume fell by ₺41.557 billion last week, reaching ₺13.915 trillion as of July 19, according to the weekly bulletin from the Banking Regulation and Supervision Agency (BDDK). This decline brought the total from ₺13.957 trillion to ₺13.915 trillion.
In contrast, total deposits, including interbank, increased by ₺74.128 billion, climbing to ₺16.747 trillion over the same period.
Consumer Loans and Credit Card Debt
Consumer loans decreased by ₺11.431 billion, totaling ₺1.729 trillion as of July 19. This amount comprised ₺448.389 billion in housing loans, ₺87.406 billion in vehicle loans, and ₺1.193 trillion in personal loans.
Meanwhile, installment commercial loans rose by ₺13.736 billion, reaching ₺1.735 trillion.
Individual credit card debt saw a 1.6% decrease, falling to ₺1.462 trillion. Of this, ₺518.404 billion was installment debt, and ₺943.381 billion was non-installment debt.
Legal Equity and Troubled Loans
The banking sector’s legal equity increased by ₺20.638 billion, amounting to ₺3.023 trillion.
Troubled loans, or non-performing loans, increased by ₺13.323 billion, totaling ₺238.385 billion, with ₺180.901 billion set aside as special provisions.
KKM Balances Show Significant Drop
The balance of KKM (currency-protected deposits) decreased by 3.1% or ₺60.908 billion, falling to ₺1.882 trillion. This marked the most substantial decline since the beginning of the year when data on KKM balances started being released.
Source: Trthaber / Prepared by Irem Yildiz