Tuesday October 27, 2020

Loans to Irish households continue to decline

Loans to households continued to decline during October 2011, and were 3.9 per cent lower on a year-to-year basis at the end of the month, according to statistics from the Central Bank.

30th November, 2011
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Loans to households continued to decline during October 2011, and were 3.9 per cent lower on a year-to-year basis at the end of the month, according to the latest statistics from the Central Bank.

This follows a decline of 4 per cent for the year ending September 2011. Lending for house purchase was 2.6 per cent lower on an annual basis in October, while lending for consumption and other purposes declined by 8.1 per cent over the...

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