The increase in the amount in Currency Protected TL Deposit and Participation accounts continues. According to the data in the weekly bulletin published by the Banking Regulation and Supervision Agency (BDDK), the exchange rate-protected TL Deposit and Participation accounts increased from 2 trillion 739.4 billion TL to 2 trillion 846.7 billion TL. At this point, KKM, which is based on the 3 trillion TL limit, has once again set a new record.
Compared to the previous week, the increase in KKM was calculated as 107.3 billion TL, while the percentage of the increase was 3.92. The average of the 5-week increase of KKM is at the level of 2.36.
While the interest in Currency Protected Deposits (KKM) continues, the share of KKM in total deposits, which has been on a downward trend for a while, seems to have entered an upward trend again. According to the information we gathered from the latest BRSA data, the rate of KKM in total deposits was 24.15 percent.
As money inflows into Currency Protected Deposit accounts increase, the share of TL deposits excluding KKM in total deposits continues to decrease. The share of TL deposits excluding KKM continues to decrease, according to this data set, which shows a clear indication that TL, not foreign currencies, has turned into a Currency Protected Deposit.
According to the information compiled from the data, TL deposits excluding KKM account for only 32.61 percent of the total deposits.
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