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For the first five months of 2018, household savings moved up merely by 1.3% which is the bottom low for the last several years. Meanwhile, retail lending has been demonstrating an upward trend. The public borrows significantly more than deposits
Persistent link: https://www.econbiz.de/10012913671
Households' bank savings at the turn of 2019 have demonstrated better performance against the last year. The largest share of deposits unlike last year was denominated in foreign currency. In the meantime, brisk recovery of the bank lending on the retail side is ongoing. This strengthens the...
Persistent link: https://www.econbiz.de/10012871307
Recovery of consumer lending has facilitated growth in expenditures on ultimate consumption and brought about stability of households' savings amid the ongoing decline of real incomes. However, in the long-term prospect this situation will put at risk both the fi nancial stability of households...
Persistent link: https://www.econbiz.de/10012930175