Business

Deposits of the banking sector increased by ₺168.6 billion

The total deposits of the banking sector increased by ₺168.8 billion in the week ending April 7 to ₺10 trillion 396.5 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 between banks) increased by ₺168 billion 802 million 36 thousand in the week ending April 7 to ₺10 trillion 396 billion 513 million 965 thousand.

In the same period, TL deposits in banks increased by 0.9% to ₺5 trillion 899 billion 171 million 696 thousand, and foreign currency (FX) deposits increased by 2.5% to ₺4 trillion 85 billion 423 million 339 thousand.

While the total FX deposits in banks were $223 billion 342 million last week, $187.6 billion of this amount was collected in the accounts of residents.

Looking at the change in total FX deposits of domestic residents, an increase of $3 billion 152 million was observed as of April 7, in parity adjusted data.

The amount of installment commercial loans increased

Consumer loans in deposit banks increased by 0.5% last week to ₺1 trillion 214 billion 953 million 780 thousand. In the same period, commercial loans with installments increased by 3.7% to ₺980 billion 536 million 36 thousand, and the balance of credit cards increased by 0.2% to ₺829 billion 334 million 988 thousand.

Consumer loans in deposit banks consisted of ₺361 billion 960 million 498 thousand for housing, ₺52 billion 666 million 790 thousand for vehicles and ₺800 billion 326 million 492 thousand for other loans.

The total loan volume of the banking sector, including the CBRT, increased by ₺97 billion 264 million 985 thousand in the week ending April 7 and reached ₺8 trillion 308 billion 256 million 529 thousand. Total loan volume increased by 56.02% compared to the same period of the previous year.

Source: Trthaber / Prepared by Irem Yildiz

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