Banks' loan volume rises to 28.8 trillion liras

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the total credit volume of the banking sector increased by 98 billion 51 million liras as of October 23, rising from 28 trillion 678 billion 505 million liras to 28 trillion 776 billion 556 million liras.

Total deposits in the banking sector, including interbanks, decreased by 256 billion 64 million liras last week, from 33 trillion 108 billion 373 million liras to 32 trillion 852 billion 309 million liras.

The amount of consumer loans increased by 35 billion 392 million TL in this period to 3 trillion 524 billion 535 million TL.

This amount consisted of 850 billion 580 million liras of housing, 43 billion 124 million liras of vehicles and 2 trillion 630 billion 831 million liras of consumer loans.

In this period, the amount of installment commercial loans decreased by 11 billion 908 million TL and reached 4 trillion 349 billion 841 million TL. Banks' personal credit card receivables increased by 23 billion 948 million TL to 3 trillion 414 billion 194 million TL.

1 trillion 316 billion 324 million liras of individual credit card receivables were debt with installments and 2 trillion 97 billion 870 million liras were debt without installments.

Non-performing receivables in the banking sector increased by 19 billion 473 million TL to 965 billion 84 million TL as of 23 October compared to the previous week. A special provision has been allocated for 700 billion 910 million liras of non-performing receivables.

In the same period, the legal equity of the banking system increased by 36 billion 463 million TL to 6 trillion 187 billion 19 million TL.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)