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Turkiye: The banking sector loan volume was ₺7 trillion 681.2 billion last week

The credit volume of the banking sector increased by ₺107 billion 813 million last week and reached ₺7 trillion 681 billion 230 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by ₺107 billion 813 million as of January 13. In the said period, the total loan volume increased from ₺7 trillion 573 billion 417 million to ₺7 trillion 681 billion 230 million.

Total deposits in the banking sector (including interbank) increased by ₺224 billion 314 million last week. The total deposits of the banking sector, which increased by 2.5% in the aforementioned week, became ₺9 trillion 83 billion 302 million.

The amount of consumer loans increased to 1₺ trillion 107 billion 477 million

According to the data, the amount of consumer loans increased by ₺13 billion 717 million as of January 13 to ₺1 trillion 107 billion 477 million. ₺361 billion 483 million of the said loans consisted of housing loans, ₺51 billion 233 million for vehicles and ₺694 billion 761 million for consumer loans.

In the said period, the amount of installment commercial loans increased by ₺4 billion 931 million and reached ₺981 billion 435 million. Banks’ personal credit card receivables increased by 2.8% to ₺463 billion 825 million. ₺227 billion 727 million of the personal credit card receivables were in installments and ₺236 billion 98 million were without installments.

Legal equity increased

According to the BRSA weekly data, NPLs in the banking sector increased by ₺1 billion 382 million compared to the previous week and reached ₺161 billion 653 million as of January 13. A special provision has been made for ₺140 billion 656 million of the non-performing loans.

In the same period, legal equities of the banking system increased by ₺7 billion 754 million and reached ₺1 trillion 663 billion 60 million.

Source: AA / Translated by Irem Yildiz

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