Only in August, 83 million euros were approved in loans, of which 64.8 million was for a period longer than a year. Out of that amount, households were charged 39.4 million, and different legal entities 43.7 million euros.
By purpose, banks have approved as much as EUR 27.8 million in cash loans, the liquidity of working capital worth 21 million euros, and for other purposes, EUR 22.1 million. Citizens were most heavily indebted to them through cash or subordinated loans, which is 26.1 million euros. For the purchase or adaptation of the housing area, they are credited with 5.1 million euros, while they have lent an additional 4.9 million euros for uninterrupted purposes.
Legal entities are, for the most part, lend to the liquidity of working capital with loans worth 21 million euros. For other needs, loans amounted to EUR 17.2 million, while the refinancing of the obligations previously borne by other banks amounted to EUR 2.1 million.
Interest rates averaged five percent for loans up to 12 months, and 6.54 percent for those over a year and at the lowest level since the beginning of 2018. The highest price of loans from banks and financial institutions was paid by citizens, on average, 7.96 percent of the total amount of loans for the effective interest rate. On the other side of the scale are the same banks and financial institutions, which raised loans at an effective interest rate of 2.53 percent.
By purpose, the highest average effective interest rate of 8.89 percent is paid by those who have borrowed money from financial institutions. However, the highest price is paid by the very few who execute investment programs and decide to return the money in less than a year at an interest rate of 15.9 percent.
Text by Dnevne novine, on October 4th 2018, read more at CdM
