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Decline in KKM slows down!

A limited decline of 8.11 billion TL was recorded in foreign-exchange-protected deposits (KKM) last week.

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Decline in KKM slows down!

According to the weekly bulletin of the Banking Regulation and Supervision Agency (BDDK), there was a limited decline in foreign-exchange-protected deposit accounts. According to the data, in the week ending March 15, foreign-exchange-protected deposits fell to 2.29 trillion TL, a decrease of 8.11 billion TL.

This decline was the slowest recorded for Foreign-Exchange-Protected Deposits (KKM) since September.


News Source: 12punto

Banking Regulation and Supervision Agency FX-Protected Deposits