According to the Agency for banking regulation and supervision (BRSA), the net profit of the sector for the reporting period amounted to 348 billion 717 million lires as of the end of July.
According to the BRSA report, the main non -soiled indicators of the Turkish banking sector ”for the period until July 2024, the sector assets increased by 4 trillion 999 billion 991 million lire compared to the end of 2023 and reached 28 trillion 550 billion 878 million lyre. /p>
At the end of 2023, loans, the largest article of sector assets, reached 14 trillion 134 billion 1 million TL, and the total volume of securities – 4 trillion 690 billion 572 million TL. During this period, the ratio of loans to inactive loans amounted to 1.68 percent.
Deposits, which are the largest source of funds among banks resources, increased by 14.1 percent compared to the end of 2023 and reached 16 trillion 941 billion 733 million TL.
Over the same period, total capital increased by 16.9 percent and reached 2 trillion 516 billion 789 million lires.
As of the end of July, the net profit of the sector during this period amounted to 348 billion 717 million TL, and the capital sufficiency standard is 17.02 percent.