Turkish banking sector’s loan volume was ₺10 trillion 332 billion last week

The credit volume of the banking sector increased by ₺44 billion 628 million last week to ₺10 trillion 331 billion 735 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector increased by ₺44 billion 628 million as of August 4. In the said period, the total loan volume increased from ₺10 trillion 287 billion 107 million to ₺10 trillion 331 billion 735 million.

Total deposits in the banking sector (including interbank) increased by ₺54 billion 236 million last week. The total deposits of the banking sector, which increased by 0.4% in the week in question, became ₺12 trillion 593 billion 714 million.

Consumer loans reached ₺1 trillion 414 billion 983 million

According to the data, the amount of consumer loans increased by ₺2 billion 521 million as of August 4 to ₺1 trillion 414 billion 983 million. Of these loans, ₺443 billion 567 million consisted of housing loans, ₺86 billion 413 million vehicle loans and ₺885 billion 3 million consumer loans.

In the said period, the amount of commercial loans with installments increased by ₺6 billion 612 million and reached ₺1 trillion 203 billion 107 million. Banks’ personal credit card receivables increased by ₺14 billion 183 million and reached ₺854 billion 14 million. ₺407 billion 284 million of individual credit card receivables were in installments, and ₺446 billion 730 million were without installments.

Legal equity increased

According to the BRSA weekly data, non-performing loans in the banking sector increased by ₺104 million compared to the previous week and reached ₺169 billion 999 million as of August 4. A special provision has been made for ₺145 billion 459 million of the aforementioned non-performing loans.

In the same period, legal equities in the banking system increased by ₺92 million and reached ₺2 trillion 111 billion 565 million.

Source: AA / Prepared by Irem Yildiz

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