Turkish banks' fee income rises 36% to 698.9 billion lira in first seven months

September 13, 2026 at 05:12 AM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

Turkish banks' net fee and commission income rose 36% year-on-year to 698.9 billion lira in the first seven months of 2026, according to Banking Regulation and Supervision Agency data. In July alone, net commission income reached 108.4 billion lira. The increase outpaced inflation, driven by 38 different fee categories including money transfers and credit card fees.

Key Facts

Net fee and commission income reached 698.9 billion lira in January-July 2026, up 36% from 512.4 billion lira a year earlier.
In July 2026 alone, banks collected 108.4 billion lira in net commission income.
Participation banks' fee income grew 56.5% year-on-year to 41.2 billion lira in the seven-month period.
Fees and commissions on loans rose 40.51% year-on-year to 97.6 billion lira from 69.4 billion lira.
Total net profit of the banking sector increased 24% year-on-year to 596.4 billion lira.

Fee Income Surge

Banking Regulation and Supervision Agency (BDDK) data for July 2026 show net fee and commission income climbed 36% year-on-year to 698.9 billion lira in the first seven months. The sector collected 108.4 billion lira in net commission income in July alone. A year earlier, fee and commission income for the same period was 512.4 billion lira. The increase outpaced inflation, driven by 38 different fee categories including money transfers and credit card fees.

Bank Group Breakdown

Participation banks, which operate on an interest-free model, recorded a 56.5% rise in net fee and commission income to 41.2 billion lira. Foreign deposit banks' commission income rose 37.1% to 196.6 billion lira, while public deposit banks saw a 36.4% increase to 174.2 billion lira. Domestic private deposit banks reported a 32.2% rise to 271 billion lira in seven-month commission income. Net interest income, the sector's largest revenue item, surged 82% to 1 trillion 471.5 billion lira in the same period.

Loan Fee Increases

Fees and commissions collected on loans rose to 97.6 billion lira in January-July 2026 from 69.4 billion lira a year earlier. The annual increase in loan-related fees and commissions was 40.51%. Total net profit of the banking sector reached 596.4 billion lira, up 24% year-on-year.