Total deposits of the banking sector increased by ₺124.8 billion in the week ending October 27, reaching ₺14 trillion 274.4 billion.
Weekly money and bank statistics were published by the Central Bank of the Republic of Turkiye (CBRT).
Accordingly, total deposits in the banking sector (including interbank) increased by ₺124 billion 786 million 222 thousand in the week ending October 27, reaching ₺14 trillion 274 billion 372 million 479 thousand.
In the same period, TL deposits in banks increased by 1.6% to ₺8 trillion 140 billion 796 million 243 thousand, and foreign currency (FX) deposits increased by 0.5% to ₺5 trillion 551 billion 738 million 746 thousand.
While total FX deposits in banks amounted to $208 billion 563 million last week, $175 billion 529 million of this amount was collected in the accounts of domestic residents.
Considering data adjusted for parity effect, there was an increase of $141 million in total FX deposits of domestic residents as of October 27.
Installment commercial loan amount increased
Consumer loans in deposit banks increased by 0.8% last week and reached ₺1 trillion 373 billion 809 million 377 thousand. In the same period, commercial installment loans increased by 1.1% to ₺1 trillion 164 billion 515 million 677 thousand, and credit card balances increased by 2.5% to ₺1 trillion 322 billion 320 million 594 thousand.
Of the consumer loans in deposit banks, ₺399 billion 951 million 633 thousand consisted of housing, ₺67 billion 563 million 348 thousand from vehicle loans and ₺906 billion 294 million 396 thousand from other loans.
The total credit volume of the banking sector, including the CBRT, increased by ₺117 billion 518 million 894 thousand in the week ending October 27, reaching ₺10 trillion 479 billion 350 million 311 thousand. Total loan volume increased by 55.2% compared to the same period last year.
Source: Trthaber / Prepared by Irem Yildiz