Estonian central bank: deposits still growing faster than loans

  • 2018-11-29
  • BNS/TBT Staff
Even though home-mortgage borrowing accelerated again in Estonia in October, the growth in the volume of deposits continues to be faster than growth in the volume of loans, the central bank said on November 23. "Where in the previous months new home loans were added at a somewhat slower pace than earlier, in October home-mortgage borrowing sped up. The average interest margin on home loans in October stayed on the same level as in September, 2.5 percent. The volume of deposits, however, kept growing at a faster pace than that of loans," Kirstin Saluveer, economi...
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