Decline in KKM and Participation Accounts Continues, albeit Slowly

Forex - The decline in currency-protected TL deposit and participation accounts continued. According to the weekly bulletin of the Banking Regulation and Supervision Agency (BRSA), currency-protected TL deposit and participation accounts decreased from 1 trillion 153.5 billion TL to 1 trillion 129.9 billion TL.

In the same week, loans increased from 15 trillion 638.3 billion TL to 15 trillion 900.6 billion TL, while deposits rose from 18 trillion 544.4 billion TL to 18 trillion 998.8 billion TL. Consumer loans grew from 1 trillion 982.9 billion TL to 2 trillion 11.7 billion TL, and individual credit cards increased from 1 trillion 728.8 billion TL to 1 trillion 795.1 billion TL.

Non-performing loans rose from 282.2 billion TL to 287.5 billion TL. The data covers the week ending on December 27.