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Credit volume of the banking sector increased

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the sector’s credit volume increased by 23 billion 725 million liras in the week ending January 31. During the said period, total loan volume increased from 2 trillion 658 billion 184 million lira to 2 trillion 681 billion 909 million lira.

Total deposits in the banking sector (including interbank) increased by 557 million liras last week. Total deposits of the banking sector, which increased by 0.02 percent in the week in question, reached 2 trillion 590 billion 915 million liras.

Consumer loans increased to 481 billion lira

According to the data, the amount of consumer loans increased by 4 billion 573 million liras in the week ending January 31, reaching 480 billion 560 million liras. Of these loans, 202 billion 737 million lira consisted of housing loans, 6 billion 979 million lira of vehicle loans and 270 billion 845 million lira of consumer loans.

During the said period, the amount of installment commercial loans increased by 2 billion 731 million liras and reached 401 billion 146 million liras.

Banks’ individual credit card receivables increased by 2.98 percent to 118 billion 941 million liras. Of the individual credit card receivables, 52 billion 451 million liras were in installments and 66 billion 490 million liras were in non-installments.

Legal equities increased

According to BRSA weekly data, non-performing receivables in the banking sector increased by 0.7 percent compared to the previous week as of January 31, reaching 151 billion 946 million liras. A special provision was allocated for 98 billion 604 million liras of the said receivables under follow-up.

In the same period, banking

Source: https://www.aa.com.tr/tr/ekonomi/bankacilik-sektorunun-kredi-hacmi-artti-/1726364

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