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Deposits increased in the banking sector

Total deposits of the banking sector increased by 46.8 billion lira last week, reaching 3 trillion 102.1 billion lira.

Weekly Money and Bank Statistics were published by the Central Bank of the Republic of Turkey (CBRT).

Accordingly, total deposits in the banking sector (including interbank) increased by 46 billion 888 million 533 thousand liras in the week ending June 12, rising from 3 trillion 55 billion 246 million 963 thousand liras to 3 trillion 102 billion 135 million 496 thousand liras.

During this period, TL deposits in banks increased by 3.28 percent to 1 trillion 480 billion 430 million 680 thousand liras, and foreign currency (FX) deposits increased by 0.61 percent to 1 trillion 514 billion 648 million 774 thousand liras.

Total FX deposits in banks decreased by 1 million dollars last week, falling to 231 billion 403 million dollars.

While the amount of FX deposits of domestic residents was 202 billion 907 million dollars, 121 billion 614 million dollars of this amount was made up of real persons resident in the country, and 81 billion 293 million dollars were deposits of legal entities resident in the country.

Installment commercial loans increased

Consumer loans in deposit banks increased by 1.78 percent in a one-week period, reaching 530 billion 841 million 449 thousand liras. Installment commercial loans increased by 0.58 percent and reached 513 billion 335 million 324 thousand lira. In the same period, credit card balance increased by 2.79 percent to 146 billion 879 million 235 thousand lira.

Of the consumer loans in deposit banks, 198 billion 963 million 395 thousand liras were housing loans, 5 billion 127 million 524 thousand liras were vehicle loans and 326 billion 750 million 530 thousand liras were other loans.

The total credit volume of the banking sector, including the CBRT, increased by 30 billion 132 million 508 thousand liras in the week ending June 12, reaching 3 trillion 97 billion 401 million 922 thousand liras.

Total loan volume increased by 26.48 percent compared to the same period last year.

Source: https://www.aa.com.tr/tr/ekonomi/bankacilik-sektorunun-mevduati-artti/1881661

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