Home Loan Portfolio Seeing Energetic Growth ({{commentsTotal}})

Business
Business

In June, Estonians' home loan portfolio was bigger than it was a year before that, a sign that new loans are being taken faster than older ones are being paid back.

The home loan portfolio shrank during the recession, but the drop ended last year and now the growth has been continuous since the second half of 2013.

It's been rather modest - 1.7 percent in June, and 1.6 percent in the two months before that, the central bank said.

A total of 66 million euros in new housing loans were taken in June, which is the same level. Interest rates remain extremely favorable.

Companies' loan and leasing portfolios grew in nearly all sectors - 4.3 percent overall. And banks' loan portfolio quality is still improving, with the share of loans over 60 days past due dropping 0.1 percentage point to 1.7 percent.



{{c.alias}}
{{c.createdMoment}}
{{c.body}}
{{cc.alias}}
{{cc.createdMoment}}
+{{cc.replyToName}} {{cc.body}}
No comments yet.
Logged in as {{user.alias}}. Log out
Login failed

Register user/reset password

Name needs to be fewer than 32 characters long
Comment needs to be fewer than 600 characters long
{{comment.captcha.word.answer}}

news.err.ee

Opinion
Lotman: Security academy would be crucial Estonian identity point in Narva

In an opinion piece published by Eesti Päevaleht, Tallinn University professor Mihhail Lotman found it important to overcome the mental barrier separating Ida-Viru County from the rest of Estonia.

Ermamaa: The fine art of passing the buck

Admit nothing, blame everyone: those most closely involved in the Ermamaa case don’t need arguments, writes ERR News editor Dario Cavegn.