Finance

Credit volume of banks is 7.5 trillion liras

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by 5 billion 77 million lira as of January 6. In the said period, the total loan volume increased from 7 trillion 568 billion 340 million liras to 7 trillion 573 billion 417 million liras.

Total deposits (including interbank) in the banking sector decreased by 6 billion 723 million liras last week. The total deposits of the banking sector, which decreased by 0.1 percent in the week in question, became 8 trillion 858 billion 988 million liras.

The amount of consumer loans exceeded 1 trillion TL

According to the data, the amount of consumer loans increased by 10 billion 325 million liras as of January 6 to 1 trillion 93 billion 761 million liras. 360 billion 824 million TL of the said loans consisted of housing loans, 50 billion 464 million TL vehicle loans and 682 billion 473 million TL consumer loans.

In the said period, the amount of commercial installment loans increased by 1 billion 780 million liras and reached 976 billion 504 million liras. Banks’ personal credit card receivables increased by 1 percent to 451 billion 138 million liras. 224 billion 517 million liras of individual credit card receivables were in installments, and 226 billion 621 million liras were without installments.

Own resources increased

According to the BRSA weekly data, NPLs in the banking sector decreased by 2 billion 272 million liras compared to the previous week and decreased to 160 billion 271 million liras as of January 6th. A special provision has been made for 139 billion 594 million liras of the aforementioned non-performing loans.

In the same period, legal equities of the banking system increased by 290 million liras and reached 1 trillion 655 billion 306 million liras.

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