Personal loans increase

Total loans to people and firms rose Sk29 billion from September 2001 to September 2002 to Sk333 billion, although economic analysts warn the amount is still not enough to release the full potential of the Slovak economy.

Loans to individuals have increased from 6 per cent of the overall total to about 20 per cent today, largely because individuals show greater payment discipline than firms.

Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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