Foreign exchange-protected deposit and participation accounts fall below 1 trillion TL for the first time

Foreign exchange-protected TL deposit and participation accounts have fallen below 1 trillion TL for the first time since June 17, 2022, declining to 996.2 billion TL. Along with this decline, changes were also observed in other financial indicators.

Don't leave your news choices to an algorithm - decide for yourself what you read. Add 12punto to your preferred sources!

Foreign exchange-protected deposit and participation accounts fall below 1 trillion TL for the first time

The outflow from foreign exchange-protected TL deposit and participation accounts continues. Last week, the KKM balance fell to 996.2 billion TL; thus, the KKM balance dropped below 1 trillion TL for the first time since June 17, 2022.

Foreign exchange-protected TL deposit and participation accounts fell below 1 trillion TL for the first time since June 17, 2022, reaching 996.2 billion TL. In the same week, while loans increased from 16 trillion 204.2 billion TL to 16 trillion 367.2 billion TL, deposits declined from 19 trillion 385.1 billion TL to 19 trillion 48.1 billion TL.

CONSUMER LOANS INCREASED

Consumer loans rose from 2 trillion 37.6 billion TL to 2 trillion 62.7 billion TL, and individual credit card balances increased from 1 trillion 833.1 billion TL to 1 trillion 908.7 billion TL.