ZAGREB, Aug 21
(Hina) - Retail lending amounted to HRK 127.6 billion
at the end of June 2015, up 0.9 percent on the year, according to
central bank figures, but Raiffeisenbank Austria (RBA) said on Friday
this was mainly due to the weakening of the kuna in relation to the
euro and the Swiss franc.
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ZAGREB, Aug 21
(Hina) - Retail lending amounted to HRK 127.6 billion
at the end of June 2015, up 0.9 percent on the year, according to
central bank figures, but Raiffeisenbank Austria (RBA) said on Friday
this was mainly due to the weakening of the kuna in relation to the
euro and the Swiss franc.
Retail lending at the end of June was down 0.5% on the month, but up 0.9% from the end of 2014.
After 30 months of consecutive decline, in June 2015 retail lending increased for the sixth straight month.
Seventy-one percent of retail lending is pegged to a foreign currency.
Housing loans amounted to HRK 61.6 billion at the end of June 2015, accounting for 48% of retail lending. This was a 2.2% increase on the year. Ninety-two percent of housing loans are denominated in a foreign currency.