Exchange rate-protected Turkish lira deposit and participation accounts (KKM) decreased by 35 million lira to 1 billion 360 million lira last week.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the total credit volume of the banking sector increased by 76 billion 141 million liras as of May 8, rising from 25 trillion 554 billion 504 million liras to 25 trillion 630 billion 646 million liras.
Total deposits in the banking sector, including interbanks, decreased by 80 billion 172 million liras last week, from 29 trillion 168 billion 265 million liras to 29 trillion 88 billion 93 million liras.
CONSUMER CREDITS INCREASED TO 3 TRILLION 232 BILLION LIRA
The amount of consumer loans increased by 11 billion 634 million liras in this period, reaching 3 trillion 231 billion 552 million liras. Of the amount in question, 773 billion 586 million lira consisted of housing loans, 44 billion 649 million lira from vehicle loans and 2 trillion 413 billion 317 million lira from consumer loans.
During this period, the amount of installment commercial loans increased by 20 billion 815 million liras and reached 3 trillion 990 billion 624 million liras. Banks’ individual credit card receivables decreased by 1.5 percent to 3 trillion 67 billion 991 million lira.
Of the individual credit card receivables, 1 trillion 167 billion 301 million liras were installment debts, and 1 trillion 900 billion 690 million liras were non-installment debts.
LEGAL EQUITY INCREASED
As of May 8, non-performing receivables in the banking sector increased by 9 billion 56 million liras compared to the previous week, reaching 712 billion 658 million liras. Special provisions were allocated for 537 billion 625 million liras of non-performing receivables.
In the same period, the legal equity capital of the banking system increased by 430 million liras, reaching 5 trillion 548 billion 398 million liras.
KKM balance decreased by 35 million lira last week, falling to 1 billion 360 million lira.
