The loan volume of the banking sector increased by ₺8 billion 876 million last week, reaching ₺11 trillion 314 billion 278 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the sector’s credit volume increased by ₺85 billion 876 million as of December 1.
During the said period, total credit volume increased from ₺11 trillion 228 billion 402 million to ₺11 trillion 314 billion 278 million.
Total deposits in the banking sector, including interbanks, decreased by ₺17 billion 157 million last week. Total deposits of the banking sector, which decreased by 0.1% in the week in question, reached ₺14 trillion 146 billion 795 million.
The amount of consumer loans increased to ₺1 trillion 477 billion 398 million
According to the bulletin, the amount of consumer loans increased by ₺7 billion 310 million to ₺1 trillion 477 billion 398 million as of December 1. ₺440 billion 374 million of the loans in question consisted of housing loans, ₺91 billion 65 million of vehicle loans and ₺945 billion 959 million of consumer loans.
During this period, the amount of installment commercial loans increased by ₺8 billion 797 million and reached ₺1 trillion 333 billion 371 million. Banks’ individual credit card receivables increased by 3.4% to ₺1 trillion 79 billion 76 million. Of the individual credit card receivables, ₺467 billion 532 million were installment debts and ₺611 billion 544 million were non-installment debts.
Legal equities increased
As of December 1, non-performing receivables in the banking sector increased by ₺814 million compared to the previous week, reaching ₺175 billion 776 million. Special provisions were allocated for ₺148 billion 316 million of non-performing receivables.
In the same period, the legal equity capital of the banking system increased by ₺791 million and reached ₺2 trillion 400 billion 260 million.
Source: Trthaber / Prepared by Irem Yildiz