Newsletters
Just 2.2 million people control 80% of all bank deposits in Türkiye, while 166 million account holders have an average of only ₺793 ($19) in their accounts, according to new data from the Banking Regulation and Supervision Agency (BRSA).
The data (Deposits According to Types-4 Total Deposits-Residents and Deposits According to Types-5 Number of Depositors-Residents), reported by Turkish media, reveals stark wealth concentration in the country's banking system.
The 2.2 million individuals with deposits exceeding ₺1 million control a combined ₺17.1 trillion ($420,5 billion), representing 80% of total deposits. This group averages approximately ₺7.4 million ($181,9K) per person.
According to BRSA figures, Türkiye has 184.039 million individual depositors holding a total of ₺21.346 trillion ($524,7 billion) in bank accounts.
The distribution shows extreme concentration at the top:
The 166.4 million account holders with balances up to ₺10,000 average just ₺793 per person in their accounts.
Separate data from the Ministry of Justice's National Judiciary Network Information System (UYAP) shows widespread foreclosures affecting agricultural assets across Türkiye.
As of Aug. 2, the following agricultural properties are listed for forced sale:
The foreclosure listings concentrate in Central Anatolia and the Southeast and Aegean regions.
The data shows rural producers caught in debt spirals are losing both their livelihoods and lifetime investments.
Beyond agricultural assets, foreclosure lists include 744 apartments, 215 shops, 859 plots, 729 automobiles, 396 pickup trucks and dozens of commercial vehicles.
1 min read
