Financial intermediation institutions made 19,139 attempts
The Turkish Statistical Institute (TUIK) announced the statistics of financial intermediary institutions for 2022.
Consequently, 261 companies operated in financial services activities, 72 companies operated in insurance, reinsurance and pension funds, and 18,806 companies operated in auxiliary financial services and insurance activities.
94.1 percent of the total value added in financial intermediation institutions occurred in financial services activities, 1.4 percent in insurance, reinsurance and pension fund activities, and 4.5 percent in assistants in financial services and insurance activities.
88.1 percent of the value of production was generated in financial services activities, 7.5 percent in insurance, reinsurance and pension fund activities, and 4.4 percent in auxiliary financial services activities and insurance activities.
68.8 PERCENT OF TOTAL EMPLOYMENT IS IN FINANCIAL SERVICES
Value added to factor costs increased by 164.1 percent in financial services activities and 132.9 percent in activities ancillary to financial services and insurance activities compared to the previous year.
Insurance, reinsurance and pension fund activities decreased by 56 percent.
Compared with the previous year, the value of output increased by 167.1 percent in financial services activities, 26 percent in insurance, reinsurance and pension fund activities, and 128.2 percent in auxiliary activities of financial services and insurance.
The average annual number of employees of financial intermediation institutions, which was 316,279 in 2021, was 324,764 in 2022.
68.8 percent of total employment was made up of employees in financial services activities, 6.8 percent in insurance, reinsurance and pension funds, and 24.4 percent in auxiliary financial services activities and insurance.
PERSONNEL COST
80.1 percent of personnel costs of financial intermediation institutions corresponded to financial services activities, 7.7 percent to insurance, reinsurance and pension funds, and 12.2 percent to auxiliary activities. financial services and insurance activities.
85.1 percent of the personnel costs of financial intermediary institutions consisted of salaries and wages, and 14.9 percent of social security expenses.
THE RATE OF FEMALE EMPLOYEES IS 47.8 PERCENT
While the number of female staff hired on a paid basis in financial intermediation institutions in 2022 was 149,155, the number of male staff was 162,616.
The rate of paid female employees was 47.8 percent and the rate of paid male employees was 52.2 percent.
Source: Sozcu
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