According to weekly monetary and banking statistics released by the Central Bank of the Republic of Türkiye (CBRT), total deposits in the banking sector rose by 1.37% in the week ending August 14. Total deposits increased from 32 trillion 795 billion 249 million 439 thousand liras to 33 trillion 243 billion 290 million 650 thousand liras.
Turkish lira deposits rise by 2.50%
During this period, Turkish lira-denominated deposits at banks increased by 2.50% to 18 trillion 214 billion 198 million 624 thousand liras. Foreign currency deposits rose by 0.70% to 10 trillion 862 billion 818 million 605 thousand liras.
Total foreign currency deposits at banks stood at $268 billion 461 million. Of this amount, $228 billion 160 million was held in the accounts of residents of Türkiye.
Foreign currency deposits held by residents of Türkiye decreased by $297 million as of August 14, according to data adjusted for the parity effect.
Consumer loans reach 6.87 trillion liras
Consumer loans held by residents of Türkiye rose by 1.32% in the same week to 6 trillion 869 billion 502 million 611 thousand liras.
- Housing loans: 821 billion 205 million 307 thousand liras
- Vehicle loans: 41 billion 218 million 84 thousand liras
- Personal loans: 2 trillion 576 billion 928 million 65 thousand liras
- Individual credit cards: 3 trillion 430 billion 151 million 155 thousand liras
Total loan volume increases
The banking sector’s total loan volume, including the Central Bank of the Republic of Türkiye, also increased by 197 billion 50 million 70 thousand liras in the week ending August 14. Loan volume rose from 26 trillion 764 billion 29 million 296 thousand liras to 26 trillion 961 billion 79 million 366 thousand liras.