BDDK data announced: Credit card debts approached 3.5 trillion lira

Turkish banking sector data for the week ending October 30 showed total loan volume rising by 224.2 billion lira to surpass 29 trillion lira, according to regulator BDDK. Consumer loans reached 3.56 trillion lira while individual credit card receivables approached 3.5 trillion lira, highlighting the rapid expansion of household debt. Total bank deposits declined over the same week, a divergence that matters because it suggests lenders are funding credit growth from tighter liquidity rather than fresh savings. Watch next week's BDDK figures for whether card balances keep climbing and whether deposit outflows reverse, alongside any central bank response to household leverage.