TBB: Personal loans provided by banks and financial institutions increased by 44%.

Individual loans provided by banks and non-bank financial institutions increased by 44%, reaching 4.1 trillion TL. While 99% of these loans were granted by banks, 26 billion TL in personal loans provided by financing and leasing companies included 15.8 billion TL in vehicle loans.

As of January 2025, cash loans from credit institutions amounted to 17 trillion TL, marking a 34% increase from the previous year. Among these, banks contributed 16.54 trillion TL, while financial leasing companies, factoring companies, and financing companies contributed 236 billion TL, 195 billion TL, and 178 billion TL, respectively. The ratio of non-performing loans reached 2.3%, with the construction sector having the highest rate at 4.8%.