Aug ‘10 banking system loan growth – up 11.8% yoy. Aug ’10 loan growth remained stable at +11.8% yoy vs. +11.9% yoy in Jul ’10. Overall system-wide loan growth was driven by the household segment (+13.4% yoy vs. Jul ’10: +13.2% yoy) with growth still broad-based, i.e. purchase of residential (+12.3% yoy) and non-residential (+19.1% yoy) properties, passenger cars (+8.5% yoy), personal use (+16.2% yoy) and credit cards (+13.6% yoy).
Banking Sector Update : Aug ‘10 System Data – Monthly Applications At Another High And Broad-Based-01/10/2010
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