Turkish lira deposit rates below official inflation

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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

Turkish lira deposit rates below official inflation

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Turkish lira deposit rates below official inflation

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Data

The ranges of analysts’ forecasts for the next years have narrowed for most indicators. At the same time, the ranges for GDP growth, unemployment rate, RUB/$ exchange rate, exports, imports and Brent oil price are widening by the end of the period,

Reports say some carry traders have closed lira positions, but the smooth nominal devaluation and real lira appreciation policy remains on track.

Over half of Ukrainians now support negotiations to end the war with Russia, marking a significant shift in public sentiment as the conflict surpasses its 1,000th day, according to Gallup polls released on November 19.

Researchers at the Kiel Institute for the World Economy, which has been tracking aid to Ukraine's war effort, have calculated hypothetical scenarios of what they believe Ukraine aid could look like in 2025, once Trump takes office in January.

Nato's most recent survey of its member country populations showed that even among those nations that are Ukraine's biggest supporters in terms of its war effort against Russia, many constituents disagree with continued support, Statista reports.

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Most Read

Reports

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