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[SITUATION] · [ACTIVE]
2 clusters · 3 sources · 20 days · First seen · Last updated
Categories: BUSINESS
Turkish banking credit expansion 2026
Entities: Akbank · Kaan Gür · Turkey
Overview
In early July 2026, the Turkish banking sector’s total credit portfolio exceeded 26 trillion lira while overall deposits were reported to be slipping. A few weeks later, Akbank disclosed that it had supplied roughly 2.9 trillion lira of credit to the Turkish economy in the first half of 2026, of which about 2.23 trillion lira was in cash loans. The bank’s balance sheet showed deposits of 2.51 trillion lira, assets of 4.01 trillion lira, a capital adequacy ratio of 16.4 percent, and a net profit of 34.33 billion lira, indicating that major lenders were continuing to fund real‑sector growth despite external market volatility.
Timeline
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3 days ago
[BUSINESS] 3 sourcesAkbank extends 2.9 trn TL credit to Turkish economy in first half of 2026Akbank announced it provided 2.913 trillion TL of credit to Turkey in H1 2026, including 2.233 trillion TL cash loans, and posted a net profit of 34.3 billion TL.
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22 days ago
[BUSINESS] 3 sourcesTurkey's banking sector credit tops 26 trillion lira as deposits slipTurkey's credit portfolio hit 26.75 trillion lira, driven by rapid KOBİ and consumer loan growth, while deposits fell to 31.37 trillion lira, raising concerns over rising non‑performing loans.
Sources
aksiyon.com.tr · gazetedamga.com.tr · gazeterize.com