According to the BRSA data, the total asset size of the Turkish banking sector increased by 6.9 percent as of April compared to the end of 2020 and reached 6 trillion 525.3 billion liras.
The “Unconsolidated Main Indicators of the Turkish Banking Sector” report for April was published by the Banking Regulation and Supervision Agency (BDDK). Accordingly, the asset size of the banking sector in April was 6 trillion 525 billion 329 million liras. The total assets of the sector increased by 418 billion 887 million TL compared to the end of 2020.
In this period, loans, the largest asset item of the sector, amounted to 3 trillion 802 billion 793 million TL, and securities amounted to 1 trillion 95 billion 691 million TL.
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Compared to the end of last year, the total assets of the sector increased by 6.9 percent, the total loans by 6.3 percent and the total securities by 7.1 percent. In April, the NPL ratio of loans was recorded as 3.74 percent.
NET PROFIT OF THE SECTOR WAS 20 BILLION 708 MILLION LIRA
Deposits, which are the biggest source of funds among banks’ resources, increased by 6.9 percent in April compared to the end of 2020 and rose to 3 trillion 692 billion 42 million liras.
In the same period, the total equity has increased by 2.6 percent to 615 billion 445 million liras. As of the end of April, the sector’s net profit for the period was 20 billion 708 million TL, and the capital adequacy standard ratio was 17.93 percent.
Source: bigpara- GÜNDEM by bigpara.hurriyet.com.tr.
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