Business

Turkish banking sector loan volume was ₺9 trillion 996.5 billion last week

The credit volume of the banking sector increased by ₺10 billion 11 million last week and reached ₺9 trillion 996 billion 538 million.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector increased by ₺10 billion 11 million as of July 7. In the said period, the total loan volume increased from ₺9 trillion 986 billion 527 million to ₺9 trillion 996 billion 538 million.

Total deposits in the banking sector (including interbank) increased by ₺149 billion 44 million last week. The total deposits of the banking sector, which increased by 1.3% in the week in question, became ₺11 trillion 787 billion 331 million.

Consumer loans became ₺1 trillion 392 billion 321 million

According to the data, the amount of consumer loans increased by ₺8 billion 732 million as of July 7 to ₺1 trillion 392 billion 321 million. ₺438 billion 966 million of the said loans consisted of housing loans, ₺82 billion 819 million for vehicles and ₺870 billion 536 million for consumer loans.

In the said period, the amount of commercial loans with installments decreased by ₺2 billion 346 million to ₺1 trillion 181 billion 364 million. Individual credit card receivables of banks increased by ₺2 billion 886 million to ₺788 billion 159 million. ₺390 billion 294 million of the personal credit card receivables were in installments, and ₺397 billion 865 million were without installments.

Legal equity increased

According to the BRSA weekly data, NPLs in the banking sector increased by ₺763 million compared to the previous week and reached ₺168 billion 932 million as of July 7. A special provision has been made for ₺145 billion 312 million of the aforementioned non-performing loans.

In the same period, legal equities in the banking system increased by ₺265 million and reached ₺1 trillion 962 billion 7 million.

Source: AA / Prepared by Irem Yildiz

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