The banking sector's credit volume increased in the week of August 2

According to the weekly bulletin of the Banking Regulation and Supervision Agency (BDDK), the sector's credit volume increased by 138 billion 169 million lira as of August 2. During the period in question, the credit volume increased from 14 trillion 363 million lira to 14 trillion 138 billion 532 million lira.

Total deposits in the banking sector, including interbank deposits, decreased by 148 billion 385 million lira last week and fell to 16 trillion 783 billion 210 million lira.

CONSUMER LOANS

The amount of consumer loans increased by 11 billion 519 million lira to 1 trillion 756 billion 674 million lira as of August 2. Of this amount, 451 billion 414 million lira was housing, 85 billion 739 million lira was vehicle and 1 trillion 219 billion 521 million lira was consumer loans.

During this period, the amount of commercial installment loans increased by 18 billion 898 million liras and reached 1 trillion 764 billion 748 million liras.

Banks' individual credit card receivables increased by 2.7 percent to 1 trillion 536 billion 547 million lira. Of the individual credit card receivables, 531 billion 392 million lira were installment debts, while 1 trillion 5 billion 155 million lira were non-installment debts.

LEGAL OWNERSHIP INCREASED

As of August 2, the outstanding receivables in the banking sector increased by 3 billion 77 million lira compared to the previous week and reached 244 billion 296 million lira. Special provisions were set aside for 183 billion 697 million lira of outstanding receivables.

In the same period, the legal equity capital of the banking system increased by 4 billion 355 million lira and reached 3 trillion 68 billion 904 million lira.

The KKM balance decreased by 3.7 percent and 67 billion 719 million liras last week to 1 trillion 764.3 billion liras, marking the fastest weekly decline of all time.