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Austrian Foreign Currency Loan Level Declining

Published: June 13, 2012; 11:14 · (Vindobona)

FMA Q1 2012 Quarterly Survey on Changes in Foreign Currency Loans: Volume of outstanding FX loans continues long-term fall.

Austrian Foreign Currency Loan Level Declining / Picture: © SW Umwelttechnik

The amount outstanding in terms of foreign currency loans (FX loan volume) owed by Austrian households has fallen tangibly: as at the end of Q1 2012 the volume outstanding was € 36.7bn. After allowing for exchange rate fluctuations, this figure is down by € 2.9bn, a fall of 7.3% compared with the same period of the previous year.

In comparison with autumn 2008, when the FMA…

This article includes a total of 220 words.

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