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Growth rate of household loans accelerates

The growth rate of loans that financial institutions provided to the private sector accelerated in April. The volume of loans provided grew 26.3 percent month-on-month, to Sk831.7 billion. Loans to households accounted for most of the growth, rising 29.7 percent (up 1.1. percent). At the end of April their volume stood at 326.6 billion, according to the National Bank of Slovakia (NBS). Housing loans also continued their boom, going up by Sk5.2 billion and 30.6 percent respectively, month-on-month, to Sk219.6 billion. SITA

The growth rate of loans that financial institutions provided to the private sector accelerated in April. The volume of loans provided grew 26.3 percent month-on-month, to Sk831.7 billion. Loans to households accounted for most of the growth, rising 29.7 percent (up 1.1. percent). At the end of April their volume stood at 326.6 billion, according to the National Bank of Slovakia (NBS). Housing loans also continued their boom, going up by Sk5.2 billion and 30.6 percent respectively, month-on-month, to Sk219.6 billion. SITA

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

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