Turkish banking sector’s loan volume was ₺10 trillion 287 billion last week

The credit volume of the banking sector increased by ₺34 billion 377 million last week to ₺10 trillion 287 billion 107 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector increased by ₺34 billion 377 million as of July 28. In the said period, the total loan volume increased from ₺10 trillion 252 billion 729 million to ₺10 trillion 287 billion 107 million.

Total deposits (including interbank) in the banking sector increased by ₺151 billion 490 million last week. The total deposits of the banking sector, which increased by 1.2% in the week in question, became ₺12 trillion 539 billion 478 million.

Consumer loans became ₺1 trillion 412 billion 462 million

According to the data, the amount of consumer loans increased by ₺11 billion 67 million as of 28 July and rose to ₺1 trillion 412 billion 462 million. Of these loans, ₺441 billion 812 million consisted of housing loans, ₺85 billion 457 million vehicle loans and ₺885 billion 193 million consumer loans.

In the said period, the amount of commercial installment loans increased by ₺287 million and rose to ₺1 trillion 196 billion 495 million. Individual credit card receivables of banks increased by ₺32 billion 557 million to ₺839 billion 830 million. ₺399 billion 534 million of the personal credit card receivables were in installments, and ₺440 billion 296 million were without installments.

Legal equity increased

According to the BRSA weekly data, non-performing loans in the banking sector decreased by ₺594 million compared to the previous week as of 28 July and decreased to ₺169 billion 896 million. A special provision has been set aside for ₺145 billion 665 million of the aforementioned non-performing loans.

In the same period, legal equities in the banking system increased by ₺46 billion 132 million and reached ₺2 trillion 111 billion 473 million.

Source: AA / Prepared by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button