Turkish Personal Loan Delinquencies Set a New Record
The non-performing loan rate for personal loans reached 6.83% on Oct. 9, while credit card and sector-wide rates also rose.
Key takeaways
- Personal loan delinquencies reached a record 6.83% on Oct. 9.
- The credit card rate was 5.9%, and the banking sector rate was 3.2%.
The share of personal loans in arrears in Turkey climbed to 6.83% on Oct. 9, setting a new high, according to data from the Banking Regulation and Supervision Agency. The rate surpassed its previous peak of 6.66%.
The non-performing loan rate for individual credit cards also rose, reaching 5.9%. Across the banking sector, the rate stood at 3.2%.
The agency’s data show the rates rising after reaching lows in 2024, with increases continuing through 2025 and 2026. The figures point to rising arrears across personal loans, credit cards and the broader banking sector.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
