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November 2012 saw robust y-o-y rise in consumer and housing loans

Slovaks took out consumer and housing loans worth nearly €547 million in November 2011, the TASR newswire learnt from Poštová Banka analyst Eva Sadovská on Wednesday, January 2. Citing figures from Slovakia's central bank (NBS), Sadovská added that November was last year's strongest month in this regard, although, it should be noted that the figures for December aren't available as yet. As far as consumer loans in November 2012 are concerned, the volume of newly-provided loans stood at €138 million. While this represents a rise of almost one-quarter on the year, the record figure of €142 million recorded in October 2012 remained intact. On aggregate, Slovaks currently have taken out consumer loans worth €2.5 billion, which is a rise of 13.6 percent on an annual basis. Likewise, housing loans drew a greater deal of interest year-on-year as the volume of fresh loans towards housing surged by 27.4 percent, or €389 million, in November. "November even surpassed May and June, which are traditionally very strong months in terms of housing loans," said Sadovská. The total for all housing loans as of the end of November stood at €13.2 billion, which constitutes an annual increase of 10.6 percent.

Slovaks took out consumer and housing loans worth nearly €547 million in November 2011, the TASR newswire learnt from Poštová Banka analyst Eva Sadovská on Wednesday, January 2.

Citing figures from Slovakia's central bank (NBS), Sadovská added that November was last year's strongest month in this regard, although, it should be noted that the figures for December aren't available as yet. As far as consumer loans in November 2012 are concerned, the volume of newly-provided loans stood at €138 million. While this represents a rise of almost one-quarter on the year, the record figure of €142 million recorded in October 2012 remained intact.

On aggregate, Slovaks currently have taken out consumer loans worth €2.5 billion, which is a rise of 13.6 percent on an annual basis. Likewise, housing loans drew a greater deal of interest year-on-year as the volume of fresh loans towards housing surged by 27.4 percent, or €389 million, in November.

"November even surpassed May and June, which are traditionally very strong months in terms of housing loans," said Sadovská. The total for all housing loans as of the end of November stood at €13.2 billion, which constitutes an annual increase of 10.6 percent.

(Source: TASR)
Compiled by Zuzana Vilikovská from press reports
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