Total deposits in the banking sector exceeded 3.37 trillion liras

According to weekly money and banking statistics announced by the Central Bank of the Republic of Turkey, the total deposits of the banking sector showed an increase in the week ending October 9. During the same period, decreases were experienced in total loan volume and consumer loans.

Trend of Total Deposits

Total deposits of the banking sector recorded an increase of 0.01 percent in the week ending October 9. With this increase, the total deposit amount reached 33 trillion 788 billion 913 million 367 thousand liras from 33 trillion 784 billion 791 million 41 thousand liras.

TRY and Foreign Currency Deposits

During the same period, Turkish lira deposits in banks increased by 0.09 percent to 18 trillion 425 billion 788 million 326 thousand liras.

Foreign currency deposits, on the other hand, realized at the level of 11 trillion 187 billion 636 million 699 thousand liras with an increase of 0.18 percent.

Foreign Currency Accounts of Domestic Residents

While total foreign currency deposits in banks stood at 265 billion 799 million dollars last week, 228 billion 160 million dollars of this amount was gathered in the accounts of domestic residents.

When looking at the parity-adjusted data for the total foreign currency deposits of domestic residents, an increase of 324 million dollars was observed.

Change in Consumer Loans

Consumer loans of domestic residents in the banking sector decreased by 0.7 percent last week, dropping to 6 trillion 976 billion 701 million 795 thousand liras.

Of the said consumer loans, 844 billion 696 million 819 thousand liras consisted of housing loans, 41 billion 757 million 363 thousand liras of vehicle loans, 2 trillion 618 billion 690 million 127 thousand liras of personal finance loans, and 3 trillion 471 billion 557 million 486 thousand liras of individual credit cards.

Total Loan Volume Declined

The total loan volume of the banking sector, including the Central Bank of the Republic of Turkey, also decreased in the week ending October 9.

Total loan volume fell by 14 billion 30 million 905 thousand liras from 27 trillion 879 billion 777 million 639 thousand liras to 27 trillion 865 billion 746 million 734 thousand liras.