Over 60 percent of loans in Slovakia are for housing purposes

More than 60 percent of loans granted to Slovaks in the first quarter of 2008 were intended for housing purposes, with mortgages being the most popular type of lending, the Slovenská Sporiteľňa (SLSP) savings bank said on July 7.

More than 60 percent of loans granted to Slovaks in the first quarter of 2008 were intended for housing purposes, with mortgages being the most popular type of lending, the Slovenská Sporiteľňa (SLSP) savings bank said on July 7.

Mortgages accounted for 43 percent of all housing loans (Sk95 billion/€3.14 billion) in 1Q08, with other types of housing loans making up 24 percent (Sk55 billion/€1.82 billion), construction loans 23 percent and home-equity loans 10 percent.

Slovakia and the Czech Republic have a loan structure typical for the European Union as a whole, with housing loans dominating, indicates Central European Bank (ECB) data for 2007. Hungary, Poland and Slovenia in contrast have a higher percentage of consumer loans, which are followed by housing loans and other lending in second and third places. TASR

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

Top stories

News digest: New week starts with several changes to rules

Higher age limit for testing and longer test negativity for events. No Olympic medals for Slovakia so far. Collusive custody will change.


3 h
Sme Rodina leader Boris Kollár (right) and Health Minister Vladimír Lengvarský (OĽaNO nominee).

The tested and the vaccinated will be treated the same. Coalition passes a Delta compromise

MPs pass a law with mild advantages for the vaccinated, but vaccination will be required to see the Pope live.


9 h
UK Ambassador to Slovakia Nigel Baker

UK Ambassador: Britons in Slovakia are a resilient community

Life is as it was before Brexit for British nationals in Slovakia once they've got their documents sorted.


5 h
Illustrative stock photo

Conditions for mass events and age limit for testing change

Most of the new rules came into force on July 26, 2021.


10 h