The volume of total loans also went down month-on-month by 421 million kuna or by 0.2%, and lending was also reduced by 8.2 billion or by 3% since the beginning of this year.
Raiffeisenbank Austria (RBA) analysts note that a reduction in the volume of lending could be ascribed partly to the conversion of the Swiss franc-indexed loans into borrowing pegged to the euro.
The deleveraging in household debt has been continuing for 10 months year-on-year.
(EUR 1 = HRK 7,5)