The deposit amount in banks is approaching 25 trillion lira.

The latest data reveals a significant increase in the savings of residents both domestically and abroad kept in deposit banks. As of the last week of September, total deposits reached 24 trillion 968 billion 332 million lira, marking a 31.4% increase since the beginning of the year.

In this dramatic increase, it is observed that the deposits in the accounts of individuals hold a significant share, amounting to 14 trillion 541 billion 995 million lira. While the total deposit figure at the end of last year was 18 trillion 998 billion 750 million lira, the increase of 5 trillion 969 billion 582 million lira over the 9-month period indicates a remarkable growth.

This increase in deposits is seen to develop under the influence of economic conditions and market dynamics, with the interest rates offered by banks also considered to play a role. The quest for higher returns by investors is one of the key factors triggering the growth of deposits held in banks.

Additionally, changes in individuals' saving habits and the search for a safe haven during uncertain times are among the other elements contributing to the increase in deposits. The dynamics of the national economy and developments in the banking sector will determine whether this increase is sustainable over time.

Data from the Banking Regulation and Supervision Agency (BDDK) provides insights into the details of these increases, highlighting that financial literacy and informed investment strategies are becoming increasingly important. The decisions of savers regarding financial matters, based on current economic conditions and future projections, will directly impact the trend of deposits in banks.