Loan volume increased by TL 44.6 billion last week

The credit volume of the banking sector increased by 44.628 billion liras last week to 10 trillion 331 billion 735 million liras.

According to the weekly bulletin published by the Banking Supervision and Regulation Agency (BDDK), the sector’s loan volume increased by TL 44.628 billion as of August 4. In said period, the total volume of loans increased from 10 trillion 287 billion 107 million liras to 10 trillion 331 billion 735 million liras.

Total deposits in the banking sector (including interbank) increased by 54.236 billion lira last week. The total deposits of the banking sector, which increased by 0.4 percent in the week in question, rose to 12 trillion 593 thousand 714 million liras.

CONSUMER LOANS REACHED 1.4 TRILLION TL

According to the data, the amount of consumer loans increased by 2.521 billion liras as of August 4 to 1.414.983 billion liras. Of these loans, TL 443 billion 567 million consisted of housing loans, TL 86 billion 413 million vehicle loans and TL 885 billion 3 million consumer loans.

In said period, the amount of commercial loans with installments increased by 6,612 million liras and reached 1,203,107 million liras.

Banks’ personal credit card accounts receivable increased by 14.183 billion liras to 854.14 billion liras. 407.284 million lira of individual credit card receivables were in installments, and 446.730 million lira were without installments.

INCREASED LEGAL EQUITY

According to weekly BRSA data, non-performing loans in the banking sector increased by 104 million liras compared to the previous week and reached 169.999 million liras as of August 4.

A special provision of 145,000 million 459 million liras has been allocated for the aforementioned non-performing loans.

In the same period, legal actions in the banking system increased by 92 million liras and reached 2 trillion 111 billion 565 million liras. (AA)