The Central Bank of the Republic of Turkey (CBRT) announced the weekly money and banking statistics.
Accordingly, the total deposits of the banking sector (including interbank deposits) increased by 73 billion 923 million 175 thousand liras in the week ending October 11 and reached 18 trillion 170 billion 973 million 507 thousand liras.
In the same period, TL deposits in banks increased by 2.02 percent to 10 trillion 980 billion 848 million 30 thousand liras, while foreign currency (FX) deposits decreased by 1.62 percent to 6 trillion 429 billion 490 million 884 thousand liras.
While total foreign exchange deposits in banks amounted to 197 billion 882 million Dollars last week , 166 billion 507 million dollars of this amount was collected in the accounts of people resident in the country.
Considering the data adjusted for parity effect, total FX deposits of domestic residents decreased by 2 billion 769 million dollars as of October 11.
The amount of commercial installment loans has increased
Consumer loans in deposit banks increased by 0.85 percent last week and reached 1 trillion 761 billion 978 million 755 thousand lira.
In the same period, commercial installment loans increased by 0.23 percent to 1 trillion 780 billion 181 million 423 thousand liras, while credit card balances decreased by 0.14 percent to 2 trillion 119 billion 731 million 320 thousand liras.
Of the consumer loans in deposit banks, 424 billion 740 million 746 thousand liras were housing loans, 59 billion 733 million 637 thousand liras were vehicle loans and 1 trillion 277 billion 504 million 372 thousand liras were other loans.
The total credit volume of the banking sector, including the CBRT, increased by 8 billion 70 million 964 thousand liras in the week ending October 11, reaching 14 trillion 473 billion 169 million 231 thousand liras.
Total loan volume increased by 40.26 percent compared to the same period last year. Source: https://www.ekonomim.com/
