globenewswire50d ago
By the end of the year, Bigbank’s loans to customers were at a record high of 2.7 billion euros, having increased by 127 million euros (+5%) over the quarter and 511 million euros (+23%) over the year. As in previous periods, growth was driven by the strategic business and home loan product lines. The business loan portfolio increased by 90 million euros (+10%) to 1.0 billion euros and the home loan portfolio by 47 million euros (+6%) to 820 million euros. However, the consumer loan portfolio decreased by 24 million euros (-3%) to 854 million euros. The share of consumer loans in the total loan portfolio is currently declining. The decrease in the consumer loan portfolio was largely due to the sale of the 20 million euro portfolio of the Swedish branch in November.