According to the Croatian National Bank, lending at the end of February 2016 totalled HRK 270.1 billion, a decrease of HRK 16 billion on the year (-5.6%) due to household and corporate deleveraging and a decrease of the government's credit debt.
On the month, lending decreased 0.8%.
Lending in the domestic currency in February 2016 increased by 1.8% on the month to nearly HRK 80 billion, and by 3.1% on the year (+HRK 2.4b), Raiffeisenbank Austria said. Lending in foreign currencies decreased by 1.8% on the month (-HRK 3.5b) to HRK 190.1 billion, and by 8.8% on the year (-HRK 18.4b).
Corporate lending in February 2016 increased by 1.56% on the month (+HRK 1.4b) to HRK 89 billion, but decreased by 4.7% on the year (-HRK 4.4b), continuing deleveraging which began in mid-2012. Household lending, which accounts for 44% of all lending, decreased by 1.8% on the month (-HRK 2.2b) to HRK 119.8 billion, and by 6.8% on the year (-HRK 8.7b), continuing deleveraging which began in July 2015.
Housing loans decreased by 4.1% on the month and by 12.6% on the year to HRK 54.6 billion at the end of February 2016. Compared to December 2015, housing loans in Swiss francs plunged by 70.7% (-HRK 12.5b), while those in euros jumped by 21.1% (+HRK 7.6b).
Central government lending in February 2016 decreased by 1.6% on the month (-HRK 870 million) to HRK 52.6 billion, and by 4.1% on the year (-HRK 2.3b).
(EUR 1 = HRK 7.52)