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Credit Monitor: Further Decline in Foreign Currency Loans
Such is the development of domestic loans to non-banks in July 2010
Credit Monitor: Further Decline in Foreign Currency Loans / Picture: © OeNB
With a relatively constant development of the credit volume, total lending to non-banks was at around 314 billion euro in July.
The decrease of foreign currency loans has continued further for households and businesses in July.
Within one year, the foreign currency loans to households fell by 8.5% (adjusted for currency effects).
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