Weekly money and bank statistics were published by the Central Bank of the Republic of Turkey (CBRT).

Accordingly, total deposits in the banking sector (including between banks) decreased by 37 billion 283 million 190 thousand liras in the week ending May 12 to 10 trillion 696 billion 294 million 420 thousand liras.

In the same period, TL deposits in banks increased by 0.3 percent to 6 trillion 179 billion 776 million 14 thousand liras, and foreign currency (FX) deposits decreased by 1.5 percent to 4 trillion 89 billion 431 million 766 thousand liras.

While the total FX deposits in banks amounted to 220 billion 615 million dollars last week, 185.6 billion dollars of this amount was collected in the accounts of residents.

Looking at the change in total FX deposits of domestic residents, a decrease of 2 billion 189 million dollars was observed as of May 12, in parity adjusted data.

The amount of installment commercial loans increased

Consumer loans in deposit banks increased by 1.8 percent last week to 1 trillion 281 billion 968 million 545 thousand liras. In the same period, commercial loans with installments increased by 0.6 percent to 1 trillion 9 billion 776 million 14 thousand liras, and the balance of credit cards increased by 3.7 percent to 956 billion 819 million 260 thousand liras.

Of the consumer loans in deposit banks, 385 billion 411 million 999 thousand liras consisted of housing, 61 billion 841 million 704 thousand liras for vehicles and 834 billion 714 million 842 thousand liras of other loans.

The total loan volume of the banking sector, including the CBRT, increased by 88 billion 20 million 485 thousand liras in the week ending May 12 and reached 8 trillion 740 billion 869 million 237 thousand liras. Total loan volume increased by 56.80 percent compared to the same period of the previous year.

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