Total credit participation was 2.5 trillion lire

Association of Banks of Turkey (TBB) in cash granted by the member institutions loans from the Risk Center, increased by 24 percent over the same month of the previous year by the end of the May was 2 trillion 49.6 trillion lire.

TBB Risk Center May 2018 The letter has been published. As a result, cash loans granted by member institutions increased by 24 percent to TL 4900 billion in May compared to the same month of the previous year. Outstanding claims amounted to Lit. 74.6 billion in May, Lit. 68.5 billion, Lit. 3.2 billion, Lit. 1.7 billion and 1

. Commercial credits granted to commercial customers and commercial customers increased by 27% in May compared to the same period of the previous year and reached 1 trillion 938 billion lire.

– The rate of receivables due on individual loans has declined, while wholesale and retail trade (18%) and the construction sector (13%) have followed this sector.

Transportation, warehousing and communications grew fastest with 37% in one year.

While the sector with the highest debt-to-cash ratio in May is the wholesale and retail trade sector at 4.2 per cent, this sector has a 3 per cent share

Individual loans granted to natural persons by banks and non-bank financial institutions increased by 15% to Lit 557 billion compared to the same period of the previous year.

In May, personal loan growth was 1.1% higher than in the same month of the previous year, with mortgages accounting for 36% of household loans, 17% of loans, 7% of loans vehicle credits and 40% of consumer credits.

– Sirnak became the largest increase in the balance of personal loans

The number of people with individual qualification products (excluding follow-up loans) increased of 1.7 million last year While the average balance of the loan was 18.3 thousand TL. While 125,000 people were using credit cards for the first time in May, the number of people using deposit accounts credited was 97,000.

In May, there are 193 billion lire in Istanbul, 53 billion lire in Ankara and 36 billion lire in Izmir. Sirnak, with 33 percent, has become the province with the largest increase in personal loan balances in the last 12 months.

AA