BRSA Releases Updated Banking Data: Limited Decrease in KKM

The Banking Regulation and Supervision Agency (BDDK) has published weekly banking data. The net general position of the banking sector in foreign currency was recorded at 68.11 billion TL. At the beginning of the year, this figure was at 91.43 billion TL. The off-balance-sheet foreign currency position decreased to 650.04 billion TL.

Commercial and other loans in the sector reached 11 trillion 801.2 billion TL, while the volume of consumer credit cards was reported at 1 trillion 739 billion TL. At the start of the year, these figures stood at 8 trillion 961.58 billion TL and 1 trillion 154.92 billion TL, respectively.

Limited decrease in KKM As of December 6, the total loans in the banking sector rose to 15 trillion 491.1 billion TL. Consumer loans are at 1 trillion 950.9 billion TL. Currency-protected TL deposits and participation accounts are recorded at 1 trillion 184.68 billion TL. While these accounts continued a downward trend, a limited decline compared to the previous week was notable. Furthermore, KKM and participation accounts remain significantly below the beginning of the year value of 2 trillion 626.35 billion TL.

Deposits in the banking system were determined at 17 trillion 979.51 billion TL. This indicates a significant increase compared to the 14 trillion 843.08 billion TL at the beginning of the year. Non-performing loans were observed at 290.36 billion TL.

Factoring and financial leasing profits According to BDDK data, factoring companies' net profit was reported as 17.32 billion TL by the end of October, while financial leasing companies generated a net profit of 14.21 billion TL. Consumer finance companies reported a net profit of 6.32 billion TL during the same period.