BIK: Banks record lower demand for housing loans

Demand for housing loans granted by banks and credit unions fell by 9.5 percent in July y/y, while demand for consumer loans declined by 5.3 percent in the same month y/y, the Credit Information Bureau (BIK) informed. It was the third consecutive months of declines. In YTD terms, the mortgage loan demand index remains positive at 1.7…

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