The credit volume of the banking sector increased by ₺160 billion 341 million last week, reaching ₺12 trillion 363 billion 424 million.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the credit volume of the sector increased by ₺160 billion 341 million as of March 1.
During the said period, total credit volume increased from ₺12 trillion 203 billion 83 million to ₺12 trillion 363 billion 424 million.
Total deposits in the banking sector, including interbanks, decreased by ₺48 billion 815 million last week. Total deposits reached ₺15 trillion 79 billion 395 million.
The amount of consumer loans reached ₺1 trillion 578 billion
The amount of consumer loans increased by ₺16 billion 54 million to ₺1 trillion 578 billion 84 million as of March 1. ₺438 billion 802 million of the loans in question consisted of housing loans, ₺93 billion 459 million of vehicle loans and ₺1 trillion 45 billion 822 million of consumer loans.
During this period, the amount of installment commercial loans increased by ₺26 billion 718 million and reached ₺1 trillion 523 billion 59 million.
Banks’ individual credit card receivables also increased by 3%, reaching ₺1 trillion 311 billion 696 million. Of the individual credit card receivables, ₺571 billion 593 million were installment debts and ₺740 billion 103 million were non-installment debts.
Legal equities increased
As of March 1, non-performing receivables in the banking sector increased by ₺1 billion 160 million compared to the previous week, reaching ₺195 billion 580 million. Special provisions were allocated for ₺161 billion 812 million of non-performing receivables.
In the same period, the legal equity resources of the banking system increased by ₺10 billion 124 million and reached ₺2 trillion 682 billion 45 million.
Source: AA / Prepared by Irem Yildiz