Loan volume in the banking sector reaches record level

The banking sector's loan volume increased by 101 billion 311 million liras last week, rising to 11 trillion 837 billion 485 million liras. According to the weekly data announced by the Banking Regulation and Supervision Agency (BDDK), the sector's total loan volume increased by 101 billion 311 million liras as of January 26. The total loan volume rose from 11 trillion 736 billion 174 million liras to 11 trillion 837 billion 485 million liras.

Total deposits increased by 65 billion 848 million liras last week, rising to 15 trillion 101 billion 317 million liras.

The amount of consumer loans increased by 12 billion 923 million liras as of January 26, rising to 1 trillion 526 billion 904 million liras. Of these loans, 436 billion 713 million liras consisted of housing loans, 94 billion 96 million liras of vehicle loans, and 996 billion 95 million liras of personal finance loans.

The amount of installment commercial loans increased by 29 billion 735 million liras, reaching 1 trillion 438 billion 439 million liras.

Banks' individual credit card receivables rose by 2.8 percent to 1 trillion 206 billion 915 million liras. Of the individual credit card receivables, 522 billion 515 million liras consisted of installment debts, and 684 billion 400 million liras consisted of non-installment debts.

Non-performing loans increased by 534 million liras compared to the previous week, rising to 194 billion 750 million liras. Specific provisions were set aside for 158 billion 450 million liras of the non-performing loans.

The legal equity of the banking system increased by 99 billion 732 million liras as of January 26, reaching 2 trillion 593 billion 970 million liras.