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Slow Recovery in Banks’ Lending Activity
Corporate loans recovered faster than loans to private households. Interest rates have increased only slightly since April 2010.

In 2011, Austrian banks’ lending activity has further recovered from the financial crisis although total volume of outstanding loans is still far below the pre-crisis level. Year-on-year growth rates in the corporate lending segment have increased steadily to 1.4% in April. Lending to private households has shown slower growth, except for April (+1.6%). After a low in the second…
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