Central Bank reports drop in bank lending to households

Lending to households dropped by 3.8% in November, when compared to 12 months previously.

Central Bank reports drop in bank lending to households

Lending to households dropped by 3.8% in November, when compared to 12 months previously.

Data from the Central Bank shows that mortgages, which make up 81% of total household loans, dropped by 2.9%.

Lending for other purposes fell by around 7% year on year, while deposits totalled €174bn at the end of November.

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