New record news in KKM – FinansGündem.com
According to the information in the weekly bulletin of the Banking Regulation and Supervision Agency (BDDK), exchange-protected TL deposit and participation accounts increased from 1 trillion 551.8 billion TL to 1 trillion 577.2 billion TL. Thus, a new peak level was recorded in exchange-protected deposits.
The weekly increase was 25.4 billion liras
According to BRSA data, the size of KKM, which decreased to 1 trillion 370 million liras in the week of January 6, increased to 1 billion 373 million liras with an increase of 3.4 billion liras in the week of January 13, and to 1 trillion 385 billion liras with an increase of 12.2 billion liras in the week of January 20th. With the removal of the upper limit of interest in KKM for the week of January 27, the weekly increase in KKM gained momentum. The volume of KKM, which increased by 21.2 billion liras in the week of 27 January, 48.9 billion liras in the week of February 3, by 27.6 billion liras in the week of February 10, and by 16.4 billion liras in the week of 17 February, recorded the fastest rise of recent times with an increase of 51.9 billion liras in the week of 24 February. In the week of March 3, the weekly growth in KKM accounts was 25 billion 365 million liras. Although there is a loss of momentum, the growth in KKM continues.
Banking sector loan volume was 8 trillion 88.4 billion liras last week
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the loan volume of the sector increased by 86 billion 752 million TL as of March 3. In the said period, the total loan volume increased from 8 trillion 1 billion 643 million liras to 8 trillion 88 billion 395 million liras.
Total deposits in the banking sector (including interbank) increased by 94 billion 564 million liras last week. The total deposits of the banking sector, which increased by 1 percent in the week in question, became 9 trillion 530 billion 761 million liras.
Consumer loans exceeded 1.2 trillion liras
According to the data, the amount of consumer loans increased by 17 billion 414 million liras as of March 3 and rose to 1 trillion 202 billion 849 million liras. 369 billion 888 million lira of the said loans consisted of housing loans, 57 billion 658 million liras for vehicles and 775 billion 303 million liras for consumer loans.
In the said period, the amount of commercial installment loans increased by 4 billion 314 million liras and reached 989 billion 156 million liras. Banks’ personal credit card receivables increased by 2.1 percent to 514 billion 44 million liras. 260 billion 114 million liras of personal credit card receivables were paid in installments, and 253 billion 930 million liras were without installments.
Legal equity increased
According to the BRSA weekly data, non-performing loans in the banking sector decreased by 1 billion 371 million liras compared to the previous week and decreased to 159 billion 95 million liras as of March 3. A special provision has been set aside for 138 billion 882 million TL of the aforementioned non-performing loans.
In the same period, legal equities of the banking system increased by 105 million liras and reached 1 trillion 756 billion 260 million liras.
A new record in currency protected deposits!
Currency Protected Deposit application extended
Arrangement for ‘legal entities’ in currency-protected deposits
