Business · Economy · 13 hrs ago

Turkey’s bank deposits rise 1.86% in week ending October 16

Turkey’s bank deposits rise 1.86% in week ending October 16

Turkey’s total bank deposits rose 1.86% in the week ending October 16, reaching about 34.42 trillion lira.

Lira deposits grew 3.40%, while deposits in foreign currencies rose 0.17%.

The figures come from weekly money and banking statistics released by the Central Bank of the Republic of Turkey.

Consumer loans to residents fell 1.50% to about 6.87 trillion lira, including home, vehicle, personal and credit-card borrowing.

Total bank lending still increased by about 45.4 billion lira, reaching nearly 27.91 trillion lira.

These figures show how deposits and borrowing changed across Turkey’s banking sector over one week, but no further developments are specified.

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