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Average interest rates on Turkish lira (TRY) deposits at local banks fell to 9.60% as of January 17, the lowest level recorded since January 2017, according to data from the central bank.
The figure stood at 23% in June 2019 but it has steadily fallen since then.
Official CPI inflation was posted at 11.84% in December.
Total deposits at local lenders rose 1% w/w to TRY2.57 trillion ($432.4bn) as of January 17, data from banking watchdog BDDK showed.
| Turkish banking industry | |||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | |
| Assets (TRY tn) | 3.86 | 3.94 | 4.14 | 4.29 | 4.27 | 4.23 | 4.17 | 4.27 | 4.27 | 4.32 | 4.36 |
| Loans (TRY tn) | 2.38 | 2.42 | 2.52 | 2.56 | 2.55 | 2.54 | 2.49 | 2.54 | 2.53 | 2.56 | 2.60 |
| Gross NPL(TRYbn) | 100 | 104 | 106 | 109 | 111 | 116 | 120 | 124 | 133 | 140 | 144 |
| NPL Ratio (%) | 4.03 | 4.11 | 4.04 | 4.05 | 4.18 | 4.36 | 4.57 | 4.64 | 4.96 | 5.15 | 5.23 |
| Deposits (TRY tn) | 2.05 | 2.10 | 2.21 | 2.27 | 2.27 | 2.27 | 2.26 | 2.35 | 2.36 | 2.42 | 2.45 |
| Equity (TRY bn) | 426 | 433 | 433 | 440 | 439 | 449 | 455 | 456 | 466 | 472 | 482 |
| Net profit (TRY bn) | 3.2 | 6.5 | 12.4 | 16.2 | 19.7 | 24.8 | 28.2 | 32.8 | 36.2 | 41.3 | 46.6 |
| NII (TRY bn) | 10 | 21 | 35 | 48 | 61 | 73 | 86 | 100 | 114 | 130 | 145 |
| ROA (%) | 0.08 | 0.17 | 0.31 | 0.40 | 0.48 | 0.60 | 0.68 | 0.79 | 0.87 | 0.99 | 1.11 |
| ROE (%) | 0.77 | 1.53 | 2.92 | 3.82 | 4.67 | 5.86 | 6.67 | 7.76 | 8.52 | 9.72 | 10.95 |
| Capital/Assets(%) | 11.0 | 11.0 | 10.5 | 10.3 | 10.3 | 10.6 | 10.9 | 10.7 | 10.9 | 10.9 | 11.1 |
| CAR (core) (%) | 14 | 14 | 13 | 13 | 13 | 13 | 14 | 14 | 14 | 14 | 14 |
| source: bddk | |||||||||||
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