Turkish banks' loan volume up to $476 billion

Thursday, March 06, 2014

ANKARA - Turkey`s banks loaned a total volume of 1.048 trillion Turkish lira ($476 billion) between February 21 and February 28, Turkey`s central bank said in its weekly bulletin Thursday.

The credit volume stood at 1.037 trillion Turkish lira as of February 21, increasing 10.8 billion Turkish lira ($4.91million) in a week.

The overall credit volume, excluding financials, totaled 1.028 trillion Turkish lira ($467.44 billion).

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