Credit Card Crisis: Unpaid Charge-Offs Surge 54% in First Half, Investors Brace for Risk Shift

Turkey's credit card sector saw unpaid charge-offs rise by 54% in the first half of the year, reaching 2.2 billion TL. This surge, coupled with a 23.2% increase in non-performing credit card loans, has raised concerns among investors about rising risk levels. The sector's historical performance is crucial in assessing the long-term implications of this trend.

Deepening Credit Card Crisis - Non-performing credit card loans rose to 23.2% - Unpaid charge-offs reached 2.2 billion TL in the first half - Investors are closely monitoring the sector's recovery process ### Market's Cautious Approach - Investors are increasing risk levels - Sector recovery is critical for long-term value investing - Dividend champions in the credit card sector may face value erosion > Investors must carefully assess the long-term implications of this surge in the credit card sector. The recovery process will be a key factor in investment decisions, potentially increasing the risk of value erosion for dividend champions in the sector.