The loan volume of the banking sector decreased by 15 billion 317 million liras last week, to 3 trillion 593 billion 597 million lira.
According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector decreased by 15 billion 317 million lira in the week ending December 25. During the period in question, the total loan volume decreased from 3 trillion 608 billion 914 million lira to 3 trillion 593 billion 597 million lira.
Total deposits in the banking sector (including interbank) decreased by 37 billion 990 million lira last week. The banking sector’s total deposits, which decreased by 1.1 percent in the week in question, became 3 trillion 490 billion 407 million liras.
Consumer loans increased
According to the data, the amount of consumer loans increased by 1 billion 89 million lira in the week ending December 25 to 674 billion 897 million lira. 278 billion 405 million TL of the said loans consisted of housing loans, 11 billion 585 million TL vehicle and 384 billion 906 million TL consumer loans.
In the period in question, the amount of commercial loans with installments decreased by 3 billion 331 million TL and reached 591 billion 230 million TL. Banks’ individual credit card receivables increased by 1.8 percent to 141 billion 399 million lira.
63 billion 319 million TL of individual credit card receivables were in installments, 78 billion 80 million TL without installments.
Legal equities increased
According to BRSA weekly data, non-performing loans in the banking sector decreased by 953 million TL compared to the previous week as of December 25, and fell to 150 billion 277 million TL. Special provision was reserved for 109 billion 955 million TL of the said non-performing loans.
In the same period, the legal equity of the banking system increased by 3 billion 611 million TL and reached 763 billion 355 million TL.