Dec 19, 2018

Credit growth stood at 18.9% YoY in November 2018

Quick Update

  • Total bank loan portfolio increased by 18.9% YoY in November 2018, excluding FX effect.
  • From the segments perspective, corporate, SME and retail loans increased by 20.8%, 18.7% and 17.7% YoY, respectively.
  • With 36.8% annual growth, mortgage debt was the key driver of the retail loan portfolio. Non-mortgage loan growth continued to slow and increased only by 4.6% YoY.