Business

The banking sector loan volume reached ₺6 trillion 648 billion

The credit volume of the banking sector increased by ₺20 billion 14 million last week to ₺6 trillion 648 billion 205 million. As of September 2, the amount of consumer loans increased by ₺4 billion 582 million and became ₺944 billion 915 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by ₺20 billion 14 million as of September 2. In the said period, the total loan volume increased from ₺6 trillion 628 billion 190 million to ₺6 trillion 648 billion 205 million.

The total deposits in the banking sector (including interbank) decreased by ₺12 billion 985 million last week. The total deposits of the banking sector, which decreased by 0.2% in the week in question, became ₺7 trillion 769 billion 347 million.

The amount of consumer loans increased to ₺944 billion

According to the data, the amount of consumer loans increased by ₺4 billion 582 million as of September 2 to ₺944 billion 915 million. Of these loans, ₺353 billion 979 million consisted of housing loans, ₺28 billion 391 million vehicle loans and ₺562 billion 545 million consumer loans.

In the said period, the amount of commercial installment loans increased by ₺1 billion 826 million and rose to ₺874 billion 805 million. Banks’ personal credit card receivables increased by 2.5% to ₺323 billion 607 million. ₺142 billion 174 million of individual credit card receivables were in installments, and ₺181 billion 434 million were without installments.

Legal equity increased

According to the BRSA weekly data, NPLs in the banking sector increased by ₺362 million compared to the previous week and reached ₺163 billion 580 million as of September 2. A special provision has been set aside for ₺133 billion 708 million of the aforementioned non-performing loans.

In the same period, legal equities of the banking system increased by ₺226 million and reached ₺1 trillion 357 billion 328 million.

Source: Trthaber / Translated by Irem Yildiz

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