The Banks Association of Turkey (TBB) has published the “March 2021 Credit Groupings Report”.
The report has been prepared on the basis of quarterly finalized, independently audited and publicly released data from deposit banks and development and investment banks.
According to the report, as of the end of March, the amount of loans followed in Group 1 was 3 trillion 229 billion TL.
Loans in Group 1 made up 85% of total loans. The amount of loans under close monitoring in the 2nd Group amounted to TL 399 billion. The ratio of loans followed in Group 2 to total loans was 10 percent. Thus, the amount of loans followed in Group 1 and Group 2, which make up the non-performing loans, was 3 trillion 627 billion TL, while the share of non-performing loans in the total was 95%.
AMOUNT OF DIFFICULT OR IMPOSSIBLE LOANS TO COLLECT 138 BILLION TL
Classified as non-performing loans in Groups 3, 4 and 5, loans with limited collectability, doubtful collection and loss nature, were recorded as TL 138 billion. Special provisions were made for 76% of the NPLs. The amount allocated as general provisions was 83 billion TL. The ratio of general provisions to loans classified in Group 2 was 21 percent.
While the total of loans restructured or tied to a new redemption plan was TL 216 billion, 92 percent of this was made up of loans under close monitoring. The ratio of restructured or rescheduled loans to total loans was 5.7 percent.