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  • Lending rates to businesses are decreasing

    The lending rate decreased or remained unchanged for all economic activities in October compared to September. The largest drop was recorded for office real estate, where the interest rate fell to 3.50 percent in October from 3.59 percent in September. For housing real estate companies, the interest rate decreased to 3.11 percent in October from 3.15 percent in September. Tenant owners’ associations faced the lowest interest rate of all economic activities at 2.89 percent in October, down from 2.91 percent in September.

  • The growth rate of lending to housing real estate companies was negative in September

    The annual growth rate of lending to the three largest economic activities declined in September compared to August. For the housing real estate companies, the growth rate was -0.8 percent, down from -0.2 percent in August. Lending to office real estate had a growth rate of 5.5 percent, a decrease from 5.9 percent the previous month. Tenant owners’ associations also declined, with a growth rate of 0.1 percent in September compared to 0.2 percent in August.