Decline in Exchange Rate Protected Deposits

Last week, Exchange Rate Protected Turkish Lira Deposits and Participation Accounts (KKM) decreased by 16 billion 202 million lira, reaching 728 billion 91 million lira. According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the total loan volume of the banking sector increased by 283 billion 550 million lira to 17 trillion 716 billion 448 million lira, reaching 17 trillion 999 billion 997 million lira in the week of April 11. Total deposits in the banking sector, including interbank deposits, increased by 294 billion 622 million lira last week, reaching 21 trillion 272 billion 828 million lira. CONSUMER LOANS INCREASED Consumer loan amounts increased by 20 billion 591 million lira as of April 11, reaching 2 trillion 206 billion 904 million lira. Of this amount, 551 billion 721 million lira consisted of housing loans, 65 billion 81 million lira consisted of vehicle loans, and 1 trillion 590 billion 102 million lira consisted of personal loans. During this period, the amount of installment commercial loans increased by 23 billion 492 million lira, reaching 2 trillion 553 billion 368 million lira. Banks’ individual credit card receivables increased by 1.7 percent, reaching 2 trillion 5 billion 330 million lira. Of the individual credit card receivables, 682 billion 964 million lira consisted of installment payments, while 1 trillion 322 billion 366 million lira consisted of non-installment debts. LEGAL EQUITY INCREASED The non-performing loans in the banking sector increased by 7 billion 816 million lira compared to the previous week, reaching 366 billion 111 million lira as of April 11. Special provisions were made for 268 billion 414 million lira of non-performing loans. Meanwhile, the legal equity of the banking system increased by 193 million lira, reaching 3 trillion 776 billion 506 million lira. KKM balance decreased by 16 billion 202 million lira last week, reaching 728 billion 91 million lira. As a result, the KKM size accounted for 3.42% of total deposits.