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Households boost borrowing

  • 2013-01-23
  • From wire reports
TALLINN - The decline in Estonian household debt stock has stopped, says Estonia’s central bank Eesti Pank in a fresh review, reports LETA. The total amount of household debt liabilities was 0.5 percent higher in the third quarter of 2012 than in the previous quarter. The volume of debt liabilities taken from banks operating in Estonia and from other financial institutions was about the same in the third quarter as in the second, while household debt taken from domestic non-financial institutions and from foreign countries has increased in recent years. Nevertheless, the annual gro...
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