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LOANS GRANTED TO CITIZENS TOTAL 58.8 BILLION KUNA

Izvor: HINA
ZAGREB, Sept 13 (Hina) - In late July commercial banks increased loansgranted to citizens by 1.06 billion kuna, with kuna and foreigncurrency loans totalling 58.8 billion kuna, the Croatian National Bank(HNB) reported.
ZAGREB, Sept 13 (Hina) - In late July commercial banks increased loans granted to citizens by 1.06 billion kuna, with kuna and foreign currency loans totalling 58.8 billion kuna, the Croatian National Bank (HNB) reported.

This is an increase of 15.98 percent compared to July 2003. However, this is the lowest annual growth rate in recent years, said analysts of Raiffeisen Bank Austria, adding that this indicated a deceleration in the growth of this type of loans.

Loans granted to companies came to 56.12 billion kuna in late July, rising by some 3.7 billion kuna (7.1 percent) from July 2003.

Analysts of the central bank note that companies are opting more and more for other forms of financing, including leasing or loans taken abroad.

(1EUR = 7.4 kuna)

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