Economy in Turkey: Exchange rate protected deposits increase by 52 billion TL

The amount in Exchange Rate Protected Deposit accounts increased by TL 51 billion 973 million last week. The total amount of KKM accounts became 1 trillion 551 billion 825 million TL.

According to the weekly bulletin published by the Banking Regulation and Supervision Agency (BRSA), the amount held in KKM accounts have increased for 7 consecutive weeks.

The amount of Exchange Rate Protected Deposit accounts held in banks increased by TL 51 billion 973 million last week.

The amount in KKM accounts have increased for 7 consecutive weeks. Thus, the total of KKM accounts reached 1 trillion 551 billion 825 million TL.

TOTAL DEPOSITS INCREASE BY 57.3 BILLION

Total deposits in the banking sector (including interbank) increased by 57 billion 334 million liras last week. The total deposits of the banking sector, which increased by 0.6 percent in the said week, amounted to 9 trillion 436 billion 198 million liras.

According to the data, the amount of consumer loans increased to 1 trillion 185 billion 434 million liras with an increase of 44 billion 644 million liras as of February 24.