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Banking already granted six billion euros in home loans this year

Page created: Wednesday, 15 November 2017 14:44 GMT

Thematic
Tags:
Home loans  Portuguese Banks  Portuguese Central Bank

Loans for house purchase keep increasing in Portugal. This year alone, banks have already granted almost six billion euros in home loans. Data from the Bank of Portugal indicate that in the first nine months of the year, financial institutions granted 5,953 million euros in house credit, 43% more than what was granted in the same period of last year.