The provision of new loans decreased by almost 50% in April, compared to the previous month, which is mainly due to the large reduction in new mortgages.
According to the Central Bank, the total "fresh" credit granted in April 2022 amounted to 193,6 million compared to € 378 million last month, showing a decrease of 49%. On an annual basis, the granting of new loans recorded a significantly smaller decrease, at a rate of 9,1%.
All loan categories declined, with mortgages and loans over € 1 million (the largest loan categories) declining significantly.
In particular, consumer loans in April amounted to 11,4 million compared to € 12,3 million in the previous month, while mortgages fell to € 64,8 million compared to € 195,2 million in March. of 2022. It is noted that the constructions in general have been affected due to the large price increases in the raw materials.
New loans up to € 1 million amounted to € 44,4 million compared to € 68,3 million last month, while new loans over € 1 million fell to € 66,9 compared to € 95,4 million last month.
Total loans restructured in April stood at € 71m compared to € 128,7m the previous month.
Source: KYPE