Business

Turkish banks’ loan volume reached ₺11 trillion 374 billion

The loan volume of the banking sector increased by ₺71 billion 161 million last week, reaching ₺11 trillion 374 billion 76 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺71 billion 161 million as of December 15.

During the said period, total credit volume increased from ₺11 trillion 302 billion 915 million to ₺11 trillion 374 billion 76 million.

Total deposits in the banking sector, including interbanks, increased by ₺304 billion 751 million last week. The total deposits of the banking sector, which increased by 2.2%, reached ₺14 trillion 466 billion 375 million.

The amount of consumer loans decreased to ₺1 trillion 481 billion 182 million

The amount of consumer loans decreased by ₺1 billion 900 million to ₺1 trillion 481 billion 182 million as of December 15. ₺438 billion 845 million of the loans in question consisted of housing loans, ₺91 billion 837 million of vehicle loans and ₺950 billion 499 million of consumer loans.

During this period, the amount of installment commercial loans increased by ₺14 billion 364 million and reached ₺1 trillion 349 billion 188 million.

Banks’ individual credit card receivables increased by 0.6% to ₺1 trillion 79 billion 506 million. Of the individual credit card receivables, ₺473 billion 646 million were installment debts and ₺605 billion 860 million were non-installment debts.

Legal equities increased

As of December 15, non-performing receivables in the banking sector decreased by ₺232 million compared to the previous week and decreased to ₺175 billion 695 million. Special provisions were allocated for ₺146 billion 892 million of non-performing receivables.

In the same period, the legal equity capital of the banking system increased by ₺14 billion 918 million and reached ₺2 trillion 414 billion 452 million.

Source: Trthaber / Prepared by Irem Yildiz

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