The loan volume of the banking sector increased

The loan volume of the banking sector increased by 1 billion 34 million liras last week to 3 trillion 576 billion 735 million lira.

26.11.2020 15:34:000

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector increased by 1 billion 34 million lira in the week ending November 20. During the period in question, the total loan volume increased from 3 trillion 575 billion 701 million lira to 3 trillion 576 billion 735 million lira.

Total deposits in the banking sector (including interbank) decreased by 27 billion 703 million lira last week. The banking sector’s total deposits, which decreased 0.8 percent in the week in question, became 3 trillion 446 billion 770 million lira.

Consumer loans decreased

According to the data, the amount of consumer loans decreased by 839 million lira in the week ending November 20 to 672 billion 766 million lira. 279 billion 332 million TL of the said loans consisted of housing, 11 billion 148 million TL vehicle and 382 billion 285 million TL consumer loans.

In the said period, the amount of commercial loans with installments increased by 46 million TL and reached 592 billion 576 million TL. Banks’ individual credit card receivables decreased by 1 percent to 139 billion 301 million lira.

62 billion 899 million TL of individual credit card receivables were in installments and 76 billion 402 million TL without installments.

Legal equities increased

According to BRSA weekly data, non-performing loans in the banking sector decreased by 152 million TL compared to the previous week as of November 20, and decreased to 150 billion 189 million TL. Special provision was reserved for 112 billion 549 million lira of the aforementioned non-performing loans.

In the same period, the legal equity of the banking system increased by 9 billion 865 million TL and reached 757 billion 238 million TL.

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