Business

Turkiye: The loan volume of banks reached ₺7.3 trillion

The credit volume of the banking sector increased by ₺62 billion 479 million last week and reached ₺7 trillion 343 billion 622 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by ₺62 billion 479 million as of December 9. In the said period, the total loan volume increased from ₺7 trillion 281 billion 143 million to ₺7 trillion 343 billion 622 million.

Total deposits (including interbank) in the banking sector increased by ₺53 billion 946 million last week. The total deposits of the banking sector, which increased by 0.6% in the week in question, became ₺8 trillion 632 billion 880 million.

The amount of consumer loans increased to ₺1 trillion 41 billion 394 million

According to the data, the amount of consumer loans increased by ₺11 billion 451 million as of December 9 to ₺1 trillion 41 billion 394 million. ₺357 billion 388 million of the said loans consisted of housing loans, ₺42 billion 826 million for vehicles, and ₺641 billion 180 million for consumer loans.

In the said period, the amount of installment commercial loans increased by ₺14 billion 782 million and reached ₺940 billion 95 million. Banks’ personal credit card receivables increased by 0.4% to ₺405 billion 90 million. ₺195 billion 317 million of personal credit card receivables were in installments, and ₺209 billion 772 million were without installments.

Legal equity has decreased

According to the BRSA weekly data, non-performing loans in the banking sector decreased by ₺222 million compared to the previous week as of December 9 and decreased to ₺161 billion 446 million. A special provision has been set aside for ₺138 billion 153 million of the aforementioned non-performing loans.

In the same period, legal equities of the banking system decreased by ₺49 million and became ₺1 trillion 588 billion 53 million.

Source: Trthhaber / Translated by Irem Yildiz

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button