Total deposits of the banking sector decreased by 590 billion 704 million 145 thousand liras in the week ending March 6 compared to the previous week, decreasing to 29 trillion 103 billion 496 million 843 thousand liras.
The Central Bank of the Republic of Türkiye (CBRT) announced weekly money and bank statistics.
Accordingly, the total deposits of the banking sector decreased by 2 percent (590 billion 704 million 145 thousand liras) in the week ending March 6, from 29 trillion 694 billion 200 million 988 thousand liras to 29 trillion 103 billion 496 million 843 thousand liras.
In the same period, Turkish lira deposits in banks decreased by 1.9 percent to 15 trillion 148 billion 876 million 860 thousand liras, and foreign currency (FX) deposits decreased by 0.9 percent to 10 trillion 394 billion 133 million 251 thousand liras.
While total FX deposits in banks amounted to 274 billion 404 million dollars last week, 237 billion 83 million dollars of this amount was collected in the accounts of domestic residents.
Considering data adjusted for parity effect, there was an increase of 233 million dollars in total FX deposits of domestic residents as of March 6.
CONSUMER CREDITS OF DOMESTIC RESIDENTS INCREASED
Consumer loans of domestic residents in the banking sector increased by 0.1 percent last week, reaching 5 trillion 940 billion 674 million 186 thousand lira.
Of the loans in question, 722 billion 830 million 316 thousand liras were housing loans, 46 billion 560 million 585 thousand liras were vehicle loans, 2 trillion 271 billion 93 million 470 thousand liras were consumer loans, and 2 trillion 900 billion 189 million 815 thousand liras were individual credit cards.
The total credit volume of the banking sector, including the Central Bank of the Republic of Turkey, increased by 33 billion 271 million 312 thousand liras in the week ending March 6, reaching 23 trillion 547 billion 852 million 439 thousand liras.
