Estonia, Financial Services, Loan, Markets and Companies, Real Estate

International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 06:09

Volume of housing loans issued in Estonia in July rose to highest level in recent years

BC, Tallinn, 26.08.2015.Print version
The Bank of Estonia reported that the volume of loans and leasing contracts issued to Estonian enterprises and households grew by 259 million euros to 15.9 milliard euros, while financing portfolio grew by 4.1% in the year-on-year comparison, writes LETA/National Broadcasting.

A total of 980 million euros in loans were issued to enterprises in one month in July – this is the largest volume in recent years.

 

The large volume of new long-term loans stood out in particular.

 

The housing loans portfolio continued moderate growth and grew by 3.9% in the year-on-year comparison. New housing loans issued in a month amounted to 89 million euros – the largest volume in recent years.






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