Banking Regulation and Supervision Agency’s (BDDK) weekly bulletin reflected a decrease in the amount of foreign currency protected Turkish Lira deposits and participation accounts in Turkey. According to the relevant data, the downward trend in protected accounts continued, decreasing from 2 trillion 651.8 billion TL to 2 trillion 626.4 billion TL in the week of December 29.
Developments in the banking sector indicate a decline in foreign currency protected Turkish Lira deposits and participation accounts. According to BDDK’s weekly report, the amount of these accounts decreased from 2 trillion 651.8 billion TL to 2 trillion 626.4 billion TL.
During the same week, loans increased from 11 trillion 479.5 billion TL to 11 trillion 630.3 billion TL, while deposits increased from 14 trillion 674 billion TL to 14 trillion 843.1 billion TL. In this balance, consumer loans increased from 1 trillion 497.9 billion TL to 1 trillion 513.8 billion TL, while individual credit card debt increased from 1 trillion 99.8 billion TL to 1 trillion 154.9 billion TL.
Developments in the banking sector reveal a downward trend in the amount of foreign currency protected Turkish Lira deposits and participation accounts. The total value of these accounts, which was 2 trillion 651.8 billion TL in the week of December 29, decreased to 2 trillion 626.4 billion TL due to the ongoing decrease.
On the other hand, when the balance between loans and deposits is examined, an increase in loans and deposits is observed. The increase in consumer loans and individual credit card debt represents the overall growth in credit volume. Non-performing loans, on the other hand, increased from 175.1 billion TL to 191.4 billion TL, attracting attention.