Page 54 - TURKRptOct19

A total of 51 state, private and foreign lenders—including deposit banks, participation banks and development and investment banks—were conducting banking activities in Turkey as of August.
The banking industry employed more than 205,000 people, and boasted nearly 11,500 branches both in Turkey and abroad, with more than 48,500 ATMs.
8.1.2 Loans
The Turkish banking industry’s loan volume stood at TRY2.53tn as of September 27, according to data from the banking regulator BDDK. Three state-owned banks injected TRY946bn into the economy via loans, up from TRY906bn at end-July, while credits extended by domestic private banks and foreign-owned banks stood at TRY737bn, down from TRY740bn at end-July, and TRY522bn, slightly up from TRY520bn, respectively.
54 TURKEY Country Report October 2019 www.intellinews.com