Loan amounts increased by 1 Trillion TL in the pandemic
Speaking about the financial statements of the banking sector during the coronavirus pandemic period, Asst. Prof. Dr. Lokman Kantar said: "The amount of loans provided in the banking sector has increased by 1 trillion TL and in parallel, non-performing loans have increased by approximately 7 billion TL."
Speaking about the financial statements of the banking sector during the coronavirus pandemic period, Asst. Prof. Dr. Lokman Kantar said: "The amount of loans provided in the banking sector has increased by 1 trillion TL and in parallel, non-performing loans have increased by approximately 7 billion TL."
Stating that receivables of the banks from the Central Bank of the Republic of Turkey and the assets allocated as required reserves and kept with the Central Bank increased by approximately 100 billion TL, Asst. Prof. Dr. Lokman Kantar, Head of the Banking and Insurance Department of Istanbul Gelisim University, said: “During the Pandemic period, the amount of loans extended in the banking sector increased by 1 trillion TL and parallel to this, non-performing loans increased by approximately 7 billion TL.
