The decline in KKM balances continues

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Lerato Khumalo

According to the weekly bulletin issued by the Banking Regulation and Supervision Authority (BRSA), the total loan volume of the banking sector increased by 211 billion 397 million pounds in the week of May 23 to 18 trillion 444 billion 506 million pounds, 18 trillion 655 billion 903 million pounds.

Total deposits in the banking sector, including the banks last week increased by 91 billion 912 million pounds to 22 trillion 18 billion 546 million pounds increased.

Consumer loans was 2 trillion 287 billion pounds

The amount of consumer loans increased by 29 billion 96 million pounds as of May 23rd to 2 trillion 286 billion 879 million pounds.

572 billion 19 million pounds of the amount in question, 61 billion 516 million pounds vehicle and 1 trillion 653 billion 345 million pounds consisted of consumer loans.

In this period, the amount of commercial loans in installments increased by 28 billion 784 million pounds to 2 trillion 639 billion 58 million pounds.

Individual credit card receivables of banks increased by 2.2 percent to 2 trillion 105 billion 136 million pounds.

718 billion 766 million pounds of individual credit card receivables in installments, 1 trillion 386 billion 370 million pounds created debts without installment.

Legal Self Sources increased

Receivables in the banking sector, as of May 23, increased by 5 billion 240 million pounds compared to the previous week, 400 billion 817 million pounds increased. 293 billion 705 million pounds of the receivables of the receivables were reserved.

In the same period, the legal resources of the banking system, 27 billion 342 million pounds increased by 3 trillion 891 billion 421 million pounds.

KKM balance last week decreased by 11 billion 429 million pounds to 584 billion 658 million pounds. Thus, the size of the KKM was 2.66 percent of the total deposits.