BusinessTurkiye

Turkish Protected Deposit Accounts Decline by ₺18 Billion

Currency-protected deposits and participation accounts see a limited decrease, according to Banking Regulation and Supervision Agency (BRSA) data.

Currency-protected deposits and participation accounts experienced an ₺18.3 billion decrease during the week ending June 28, according to data from the Banking Regulation and Supervision Agency (BRSA). The decline in currency-protected TL deposits and participation accounts continued.

According to the weekly bulletin of the Banking Regulation and Supervision Agency (BRSA), currency-protected TL deposits and participation accounts decreased from ₺2 trillion 32.8 billion to ₺2 trillion 14.5 billion.

During the same week, loans increased from ₺13 trillion 627.8 billion to ₺13 trillion 726.4 billion, while deposits decreased from ₺16 trillion 493.1 billion to ₺16 trillion 447.3 billion.

Consumer loans rose from ₺1 trillion 703 billion to ₺1 trillion 726.4 billion, and individual credit card balances increased from ₺1 trillion 435.2 billion to ₺1 trillion 468.2 billion.

Meanwhile, non-performing loans increased from ₺214.9 billion to ₺216.1 billion.

Source: Dunya.com / Prepared by Irem Yildiz

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