Total banking sector deposits in Turkey rose by 1.30 percent to 33,891,793,422,000 Turkish liras in the week ending September 18, up from 33,456,915,974,000 Turkish liras the previous week, according to weekly money and banking statistics released by the Central Bank of the Republic of Türkiye (CBRT).
Lira and foreign currency breakdown
Turkish lira deposits increased by 1.09 percent over the week to reach 18,510,543,909,000 Turkish liras. Foreign currency deposits in banks also expanded, rising by 1.57 percent to 11,196,301,426,000 Turkish liras.
Expressed in foreign currency terms, total foreign currency deposits held in banks stood at $269,568,000,000. Out of this total, domestic residents accounted for $230,797,000,000. On a parity-adjusted basis, domestic residents’ foreign currency deposits increased by $3,030,000,000 during the week.
Lending volume and consumer credit
Total banking sector credit volume, which includes the CBRT, rose by 22,060,012,000 Turkish liras during the reporting period, expanding from 27,509,336,677,000 Turkish liras in the week before September 18 to 27,531,396,689,000 Turkish liras.
Consumer loans held by domestic residents moved in the opposite direction. Domestic consumer loans fell 1.14 percent.
Also Read
That brought total consumer loans of domestic residents down to 6,885,439,385,000 Turkish liras. Housing loans stood at 834,336,274,000 Turkish liras, while vehicle loans accounted for 41,182,377,000 Turkish liras. Personal need loans reached 2,568,518,993,000 Turkish liras, and individual credit cards volume totaled 3,441,401,741,000 Turkish liras.
