Real estate loans reached 187 billion TL in October

Real estate loans reached 187 billion TL in October

According to data of the Banking Regulatory and Supervision Agency, the credit volume of the banking sector rose to 2 trillion 533 billion 295 million TL in early October.

while the volume of real estate loans in the same period compared to the previous week increased by 1 billion 257 million TL and reached 187 billion TL.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the loan volume of the sector increased by 627 million TL in the first week of October.

In this period, the total amount of credit increased from 2 trillion 532 billion 668 million TL to 2 trillion 533 billion 295 million TL.

According to the news, total deposits in the banking sector decreased by 7 billion 132 million TL last week.

The rate of decline was 1.5%, and the value of deposits amounted to 2 trillion and 372 billion and 462 million TL.

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According to the data, the amount of consumer loans rose by 3 billion 308 million TL and reached 425 billion 92 million TL.

Real estate loans increased by 1 billion 257 million TL compared to the previous week and amounted to 187 billion 870 million TL.

While vehicle loans were 5 billion 783 million TL, consumer loans amounted to 231 billion 438 million TL.

The amount of commercial loans with installments increased by 3 billion 632 million TL and reached 381 billion 573 million TL.

Individual credit card receivables decreased by 0.4% to 113 billion 445 million TL. 50 billion 377 million TL of personal credit card debt were in installments, while 63 billion 68 million TL were without installments.

Nonperforming Loan increased by 3.6% in October

According to the weekly data of BRSA, non-performing loans in the banking sector increased by 3.6% to 42 billion 132 TL in the first week of October compared to the previous week.

Edit By: Realty Group

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