The credit volume of the banking sector reached 29 trillion TL

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the total credit volume of the banking sector increased by 40 billion 440 million liras as of November 6, rising from 29 trillion 779 million liras to 29 trillion 41 billion 219 million liras.

Total deposits in the banking sector, including interbanks, decreased by 164 billion 191 million liras last week, from 32 trillion 739 billion 311 million liras to 32 trillion 575 billion 119 million liras.

CONSUMER CREDITS INCREASED TO 3 TRILLION 559 BILLION LIRA

The amount of consumer loans increased by 1 billion 602 million liras in this period, reaching 3 trillion 558 billion 541 million liras.

Of this amount, 855 billion 82 million lira consisted of housing loans, 42 billion 736 million lira from vehicle loans and 2 trillion 660 billion 724 million lira from consumer loans.

In this period, the amount of installment commercial loans decreased by 1 trillion 72 billion 744 million liras and reached 4 trillion 450 billion 99 million liras. Banks' individual credit card receivables decreased by 29 billion 314 million lira, reaching 3 trillion 466 billion 995 million lira.

Of the individual credit card receivables, 1 trillion 308 billion 81 million liras were installment debts and 2 trillion 158 billion 914 million liras were non-installment debts.

LEGAL EQUITY HAS DECREASED

As of November 6, non-performing receivables in the banking sector increased by 12 billion 907 million liras compared to the previous week, reaching 996 billion 24 million liras. A special provision was allocated for 728 billion 16 million liras of non-performing receivables.

In the same period, the legal equity resources of the banking system decreased by 1 billion 122 million liras to 6 trillion 209 billion 791 million liras.