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Lending decreased in April

Published: July 5, 2010; 00:00 · (Vindobona)

More long-term loans to enterprises, decline in foreign currency loans in private sector.

New lending to households and businesses hardly changed to last years amount and currently registers almost €1.7b ($2.13b)and €6.9b ($8.64b) respectively. That was confirmed by the Austrian National Bank on Monday.

The total volume of loans to non-banks in Austria fell in April 2010 compared to the previous month by €0.2b ($0.25), amounting to €310b. Loans to households…

This article includes a total of 199 words.

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