The loan volume of the banking sector increased by ₺124 billion 981 million last week, reaching ₺10 trillion 924 billion 148 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺124 billion 981 million as of October 27.
During the said period, total credit volume increased from ₺10 trillion 799 billion 168 million to ₺10 trillion 924 billion 148 million.
Total deposits in the banking sector, including interbanks, increased by ₺157 billion 653 million last week. Total deposits of the banking sector, which increased by 1.1% in the week in question, reached ₺13 trillion 907 billion 415 million.
The amount of consumer loans increased to ₺1 trillion 457.9 billion
According to the bulletin, the amount of consumer loans increased by ₺11 billion 745 million to ₺1 trillion 457 billion 885 million as of October 27. Of these loans, ₺443 billion 315 million consisted of housing loans, ₺88 billion 623 million of vehicle loans and ₺925 billion 947 million of consumer loans.
During this period, the amount of installment commercial loans increased by ₺15 billion 11 million, reaching ₺1 trillion 273 billion 230 million. Banks’ individual credit card receivables increased by 2.9% to ₺991 billion 851 million. Of the individual credit card receivables, ₺433 billion 319 million consisted of installment debts and ₺558 billion 532 million consisted of non-installment debts.
Legal equities increased
As of October 27, non-performing receivables in the banking sector increased by ₺514 million compared to the previous week, reaching ₺170 billion 223 million. Special provisions were allocated for ₺144 billion 583 million of non-performing receivables.
In the same period, the legal equity capital of the banking system increased by ₺4 billion 152 million and reached ₺2 trillion 351 billion 670 million.
Source: AA / Prepared by Irem Yildiz