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Turkiye: Banking sector loan volume reached ₺8 trillion 618 billion last week

The credit volume of the banking sector increased by ₺101 billion 992 million last week and reached ₺8 trillion 618 billion 443 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by ₺101 billion 992 million as of April 7. In the said period, the total loan volume increased from ₺8 trillion 516 billion 451 million to ₺8 trillion 618 billion 443 million.

Total deposits (including interbank) in the banking sector increased by ₺153 billion 724 million last week. The total deposits of the banking sector, which increased by 1.54% in the week in question, became ₺10 trillion 112 billion 487 million.

Consumer loans became ₺1 trillion 280 billion 80 million

According to the data, the amount of consumer loans increased by ₺7 billion 867 million as of April 7 to ₺1 trillion 280 billion 80 million. Of these loans, ₺397 billion 59 million consisted of housing loans, ₺66 billion 329 million vehicle loans and ₺816 billion 692 million consumer loans.

In the said period, the amount of commercial installment loans increased by ₺35 billion 506 million and reached ₺1 trillion 80 billion 723 million. Individual credit card receivables of banks decreased by ₺7 million and became ₺577 billion 28 million. ₺298 billion 318 million of the personal credit card receivables were in installments and ₺278 billion 710 million were without installments.

Legal equity increased

According to the BRSA weekly data, NPLs in the banking sector increased by ₺492 million compared to the previous week and reached ₺159 billion 43 million as of April 7th. Special provisions were set aside for ₺139 billion 333 million of the aforementioned non-performing loans.

In the same period, legal equities in the banking system increased by ₺124 million and reached ₺1 trillion 809 billion 223 million.

Source: Trthaber / Prepared by Irem Yildiz

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