Deposits fell, loans increased! The weekly table in the banking sector has changed

Total deposits of the banking sector decreased by 216 billion 772 million 780 thousand 800 liras in the week ending October 2 compared to the previous week and decreased to 33 trillion 785 billion 405 million 395 thousand 200 liras. According to the weekly money and bank statistics of the Central Bank of the Republic of Turkey (CBRT), the decrease in total deposits was 0.64 percent.

Turkish lira deposits in banks decreased by 1.42 percent in the week ending October 2, falling to 18 trillion 410 billion 569 million 183 thousand liras.

Foreign currency (FX) deposits decreased by 0.33 percent in the same period, reaching 11 trillion 167 billion 400 million 200 thousand 200 liras.

Total FX deposits in banks amounted to 266 billion 710 million 330 thousand dollars last week. 228 billion 513 million 830 thousand dollars of this amount was collected in the accounts of domestic residents.

According to data adjusted for parity effect, an increase of 851 million 50 thousand dollars was recorded in the total FX deposits of domestic residents as of October 2.

Thus, in the week when total deposits decreased, there was an increase in foreign currency deposits of domestic residents on a parity-adjusted basis.

Consumer loans of domestic residents in the banking sector increased by 1.24 percent last week, reaching 7 trillion 27 billion 729 million 236 thousand liras.

Of the consumer loans, 841 billion 772 million 695 thousand liras were housing, 41 billion 950 million 529 thousand liras were vehicle loans, 2 trillion 610 billion 733 million 829 thousand liras were consumer loans, and 3 trillion 533 billion 272 million 183 thousand liras were individual credit cards.

The total credit volume of the banking sector, including the CBRT, increased by 237 billion 496 million 732 thousand liras in the week ending October 2, reaching 27 trillion 879 billion 777 million 639 thousand liras.