11.Sep .2020 10:50

Banking sector's deposits increased in Turkey

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Central Bank of the Republic of Turkey (CBRT) have been published by the Weekly Money and Banking Statistics.

Accordingly, the total deposits in the banking sector (including interbank) increased by 16 billion 157 million 540 thousand liras in the week ending September 4, from 3 trillion 413 billion 171 million 400 thousand lira to 3 trillion 429 billion 328 million 940 thousand lira.

In this period, TL deposits in banks decreased by 0.13 percent to 1 trillion 534 billion 522 million 105 thousand TL, while foreign currency (FX) deposits increased by 0.91 percent to 1 trillion 767 billion 186 million 805 thousand TL.

The total FX deposits in banks decreased by $ 212 million last week to $ 247 billion 12 million.

While the amount of FX deposits of residents was 217 billion 442 million dollars, 135 billion 228 million dollars of this was the deposits of domestic real persons and 82 billion 214 million dollars were deposits of legal entities residing in the country.

Installment commercial loans increased

In one week period, consumer loans in deposit banks increased by 0.33 percent and reached 624 billion 302 million 462 thousand liras. Installment commercial loans increased by 0.19 percent to 543 billion 961 million 558 thousand liras. In the same period, credit cards balance increased by 1.21 percent and reached 175 billion 343 million 912 thousand liras.

Of the consumer loans in deposit banks, 250 billion 655 million 842 thousand liras consisted of housing, 6 billion 760 million 717 thousand liras for vehicles and 366 billion 885 million 903 thousand liras of other loans.

The total loan volume of the banking sector, including the CBRT, increased by 15 billion 4 million 406 thousand TL in the week ending September 4, reaching 3 trillion 374 billion 58 million 648 thousand TL.

Total loan volume increased by 38.82 percent compared to the same period last year.