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OeNB: less corporate loans, but more private loans in June

Published: September 1, 2010; 16:25 · (Vindobona)

Austrian Central Bank OeNB reported that in June the volume of new loans extended to private households reached the highest level this year, while the value of new corporate loans dropped.

OeNB: less corporate loans, but more private loans in June / Picture: © OeNB

Banks granted new loans worth EUR 1.882 billion (USD 2.39 billion) to private households, which was up EUR 124 million from May.

At the same time the banks loaned only EUR 6.561b billion to corporate customers in June, that is EUR 109 million less than in May 2010

In May the volume of corporate loans decreased by EUR 254 million, compared to April.

Most of the new…

This article includes a total of 78 words.

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