New drawdowns of loans to non-financial corporations (excl. overdrafts and credit card credit) amounted to EUR 2.0 bn in April. The average interest rate on new corporate-loan drawdowns declined from March, to 1.76%. At the end of April, the stock of euro-denominated loans to non-financial corporations was EUR 73.6 bn, of which loans to housing corporations accounted for EUR 23.9 bn.
At end-April, the stock of household deposits totalled EUR 83.7 bn, and the average interest rate on the deposits was 0.24%. Overnight deposits accounted for EUR 58.8 bn and deposits with agreed maturity for EUR 10.5 bn of the total deposit stock. In April, households concluded EUR 1.1 bn of new agreements on deposits with agreed maturity, at an average interest rate of 0.51%.
1)Leisure-home loans are included in ‘other loans’ in MFI statistics.
Key figures of Finnish MFIs' loans and deposits, preliminary data
|February, EUR million||March, EUR million||April, EUR million||April, 12-month change1, %||Average interest rate, %|
|Loans to households2, stock||122,109||122,319||122,718||2,9||1,65|
|- of which housing loans||92,027||92,162||92,471||2,7||1,16|
|Loans to non-financial corporations2, stock||73,543||73,281||73,551||5,0||1,56|
|Deposits by households2, stock||81,401||81,933||83,664||2,6||0,24|
|Households' new drawdowns of housing loans||1,262||1,402||1,623||1,22|
1 Rate of change has been calculated from monthly differences in levels adjusted for classification and other revaluation changes.
2 Households also include non-profit institutions serving households; non-financial corporations also include housing corporations.
- Euro-denominated deposits and loans of euro area residents: stock, 12 month rate of change and average interest rate
- Euro-denominated loans and deposits of Finnish households
- New business on loans and new drawdowns of household loans
- Finnish contribution to the euro area monetary aggregates and their main counterparts
For further information, please contact:
Johanna Honkanen, tel. +358 10 831 2992, email: johanna.honkanen(at)bof.fi,
Olli Tuomikoski, tel. +358 10 831 2146, email: olli.tuomikoski(at)bof.fi
The next news release will be published at 1 pm on 30 June 2016.