Deposits of the banking sector decreased

The Central Bank of the Republic of Türkiye (CBRT) announced weekly money and bank statistics. While the total deposits of the sector decreased to 34 trillion 105 billion liras, the loan volume increased to 28 trillion 222.3 billion liras.

Total deposits of the banking sector decreased by 0.32 percent in the week ending October 30, from 34 trillion 214 billion 772 million 427 thousand liras to 34 trillion 105 billion 40 million 447 thousand liras.

In the same period, domestic residents' Turkish lira deposits in banks decreased by 0.73 percent to 18 trillion 821 billion 273 million 181 thousand liras, and foreign currency (FX) deposits increased by 0.12 percent to 11 trillion 116 billion 49 million 354 thousand liras.

While total FX deposits in banks amounted to 261 billion 248 million 15 thousand dollars last week, 223 billion 806 million 596 thousand dollars of this amount was collected in the accounts of domestic residents.

Considering the parity-adjusted data in the total FX deposits of domestic residents, there was an increase of 585 million 115 thousand dollars as of October 30.

CONSUMER CREDITS OF DOMESTIC RESIDENTS INCREASED

Consumer loans of domestic residents in the banking sector increased by 1.65 percent last week, reaching 7 trillion 45 billion 268 million 641 thousand liras. Of the loans in question, 851 billion 747 million 604 thousand liras were housing loans, 42 billion 584 million 455 thousand liras were vehicle loans, 2 trillion 654 billion 930 million 37 thousand liras were consumer loans, and 3 trillion 496 billion 6 million 545 thousand liras were individual credit cards.

The total credit volume of the banking sector increased by 227 billion 635 million 866 thousand liras in the week ending October 30, rising from 27 trillion 994 billion 642 million 833 thousand liras to 28 trillion 222 billion 278 million 699 thousand liras.