Foreign currency deposits continue to decrease

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Lerato Khumalo

The total deposits of the banking sector increased by 376 billion 280 million 306 thousand pounds compared to the previous week and increased 22 trillion 958 billion 544 million 382 thousand pounds.

The Central Bank of the Republic of Türkiye (CBRT) announced weekly money and bank statistics.

Accordingly, the total deposits of the banking sector ended with May 16, 376 billion 280 million 306 thousand pounds increased by 22 trillion 582 billion 264 million 75 thousand pounds, 22 trillion 958 billion 544 million 382 thousand pounds.

In the same period, TL deposits in banks in the same period with 3.5 percent increase with 12 trillion 772 billion 378 million 880 thousand pounds, foreign currency (YP) deposit by 0.6 percent decreased 7 trillion 388 billion 774 million 584 thousand pounds.

The total YP deposits found in the banks realized last week at a level of 229 billion 412 million dollars, while 191 billion 608 million dollars of this amount was collected in their accounts of residents.

In the total YP deposits of domestic residents, considering the data free of parity effect, an increase of 865 million dollars as of May 16 was observed.

Consumer loans of domestic residents decreased

Consumer loans of domestic residents in the banking sector decreased by 0.2 percent last week to 4 trillion 313 billion 325 million 765 thousand pounds.

568 billion 888 million 135 thousand pounds of consumer loans of domestic residents in the banking sector, 61 billion 770 million 688 thousand pounds vehicle, 1 trillion 622 billion 829 million 52 thousand pounds of consumer loans, 2 trillion 59 billion 837 million 890 thousand pounds consisted of individual credit cards.

The total loan volume of the banking sector, including the CBRT, increased by 51 billion 186 million 342 thousand pounds per week to 17 trillion 883 billion 108 million 566 thousand pounds.