Deposits of the banking sector decreased

The Central Bank of the Republic of Türkiye announced weekly money and bank statistics.

Accordingly, the total deposits of the banking sector decreased by 0.52 percent in the week ending November 6, from 34 trillion 105 billion 40 million 447 thousand liras to 33 trillion 929 billion 364 million 627 thousand liras.

In the same period, domestic residents' Turkish lira deposits in banks decreased by 1.90 percent to 18 trillion 463 billion 592 million 546 thousand liras, while their foreign currency (FX) deposits increased by 1.90 percent to 11 trillion 327 billion 446 million 720 thousand liras.

While the total FX deposits in banks amounted to 264 billion 681 million dollars last week, 227 billion 102 million 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 1 billion 492 million dollars as of November 6.

CONSUMER CREDITS OF DOMESTIC RESIDENTS DECREASED

Consumer loans of domestic residents in the banking sector decreased by 0.39 percent last week to 7 trillion 17 billion 525 million liras.

Of these loans, 854 billion 322 million lira consisted of housing, 42 billion 590 million lira of vehicle loans, 2 trillion 653 billion 888 million lira of consumer loans, and 3 trillion 466 billion 724 million lira of individual credit cards.

The total credit volume of the banking sector increased by 24 billion 366 million 373 thousand liras in the week ending November 6, from 28 trillion 222 billion 613 million 534 thousand liras to 28 trillion 246 billion 979 million 907 thousand liras.