The loan volume of the banking sector decreased by ₺16 billion 334 million last week to ₺10 trillion 349 billion 698 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector decreased by ₺16 billion 334 million as of August 25. In the said period, the total loan volume decreased from ₺10 trillion 366 billion 32 million to ₺10 trillion 349 billion 698 million.
Total deposits in the banking sector (including interbank) decreased by ₺95 billion 161 million last week. The total deposits of the banking sector, which decreased by 0.7% in the week in question, became ₺12 trillion 892 billion 93 million.
The amount of consumer loans increased to ₺1 trillion 434.2 billion
According to the data, the amount of consumer loans increased by ₺15 billion 241 million as of 25 August and rose to ₺1 trillion 434 billion 174 million. ₺447 billion 99 million of the said loans consisted of housing loans, ₺87 billion 84 million for vehicles and ₺899 billion 991 million for consumer loans.
In the said period, the amount of commercial loans with installments decreased by ₺2 billion 394 million to ₺1 trillion 206 billion 297 million. Banks’ personal credit card receivables increased by 2.9% to ₺889 billion 973 million. ₺410 billion 220 million of individual credit card receivables were in installments, and ₺479 billion 753 million were without installments.
Legal equity increased
According to the BRSA weekly data, non-performing loans in the banking sector decreased by ₺171 million compared to the previous week and decreased to ₺172 billion 16 million as of August 25. A special provision has been set aside for ₺147 billion 666 million of the aforementioned non-performing loans.
In the same period, legal equity of the banking system increased by ₺69 billion 322 million and reached ₺2 trillion 243 billion 290 million.
Source: Trthaber / Prepared by Irem Yildiz