Change font size:   

 
Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

Cash management poll 2008:

Cash management poll 2008:

Results now live

Tuesday, August 12, 2008

Stock of mortgage loans expands by 5.9% m/m at end-June.





Stock of mortgage loans expands by 5.9% m/m at end-June. Total stock of extended mortgage loans by the banking sector amounted to SKK 136.6bn (EUR 4.5bn) at end-June, increasing by 5.9% m/m, the National Bank of Slovakia (NBS) reported. The mortgages that were actually withdrawn, however, represented a 81.5% share in the total volume and their nominal value increased by 2.8% m/m. Tatrabanka is the market leader with 35.9% of the provided mortgage loans, while VUB Banka has a share of 29.6%. Commercial banks placed mortgage bonds worth SKK 91.2bn (EUR 3bn) at par as of Jun 30. In this way, they financed mortgage activities at 92.5%, increasing by 0.49pps m/m. The nominal amount of actually issued mortgage bonds stood at SKK94.7bn (EUR 3.1bn) at end-June, rising by 3.7% m/m.







Ruromoney Jobs Post a job