The loan volume of the banking sector increased by ₺74 billion 781 million last week, reaching ₺11 trillion 107 billion 239 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺74 billion 781 million as of November 17.
During the said period, total credit volume increased from ₺11 trillion 32 billion 458 million to ₺11 trillion 107 billion 239 million.
Total deposits in the banking sector, including interbanks, increased by ₺358 billion 10 million last week. Total deposits of the banking sector, which increased by 2.6% in the week in question, reached ₺14 trillion 318 billion 214 million.
The amount of consumer loans decreased to ₺1 trillion 456 billion 949 million
According to the bulletin, the amount of consumer loans decreased by ₺6 billion 668 million to 1 trillion 455 billion 949 million as of November 17. Of these loans, ₺441 billion 85 million consisted of housing loans, ₺89 billion 290 million of vehicle loans and ₺925 billion 575 million of consumer loans.
During this period, the amount of installment commercial loans increased by ₺13 billion 116 million and reached ₺1 trillion 308 billion 659 million. Banks’ individual credit card receivables decreased by 0.4% to ₺1 trillion 11 billion 420 million. Of the individual credit card receivables, ₺448 billion 961 million were installment debts and ₺562 billion 458 million were non-installment debts.
Legal equities increased
As of November 17, non-performing receivables in the banking sector increased by ₺2 billion 131 million compared to the previous week, reaching ₺175 billion 653 million. Special provisions were allocated for ₺146 billion 561 million of non-performing receivables.
In the same period, the legal equity capital of the banking system increased by ₺20 billion 263 million and reached ₺2 trillion 371 billion 602 million.
Source: Trthaber / Prepared by Irem Yildiz