Banking sector’s deposits declined | Economic News

The deposits of the banking sector were 3 trillion 467.6 billion liras and the loan volume was 3 trillion 400 billion liras.

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) decreased by 79 billion 885 million 932 thousand liras in the week ending February 5, from 3 trillion 547 billion 499 million 914 thousand liras to 3 trillion 467 billion 613 million 982 thousand liras.

During this period, TL deposits in banks increased by 0.11 percent to 1 trillion 526 billion 774 million 50 thousand TL, while foreign currency (FX) deposits decreased by 4.15 percent to 1 trillion 799 billion 621 million 263 thousand TL.


The total FX deposits in banks decreased by $ 2 billion 109 million last week to $ 262 billion 235 million. While the FX deposit amount of residents was 232 billion 925 million dollars, 148 billion 141 million dollars of this amount was deposits of real persons residing in the country and 84 billion 784 million dollars of them were deposits of legal persons residing in the country.


In the one-week period, consumer loans in deposit banks increased by 0.07 percent and rose to 641 billion 113 million 726 thousand liras. Installment commercial loans decreased by 0.81 percent to 542 billion 510 million 243 thousand TL. In the same period, credit cards balance increased by 0.41 percent and reached 202 billion 871 million 558 thousand liras.

251 billion 777 million 498 thousand TL of consumer loans in deposit banks consisted of housing, 8 billion 146 million 335 thousand TL vehicle and 381 billion 189 million 893 thousand TL other loans.

The total loan volume of the banking sector, including the CBRT, decreased by 45 billion 951 million 267 thousand liras in the week ending February 5 and decreased to 3 trillion 400 billion 14 million 841 thousand liras. Total loan volume increased by 30.66 percent compared to the same period last year.


Source: bigpara- GÜNDEM by

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