Outstanding bank loans for consumption reached 22.5 billion dinars | Tunisia News Gazette

Outstanding bank loans for consumption reached 22.5 billion dinars

At the end of December 2017, outstanding bank loans for consumption reached 22.5 billion dinars against 10.7 billion dinars in December 2010, an increase of 110%, according to the indicators of the Central Bank of Tunisia (BCT).

For its part, the National Institute of Consumption (INC) said Friday on its website that these credits represent about 29% of the total credits injected by the banks in the economy.

The credits are divided between 10.2 billion dinars for the purchase of new housing (49.7% of total credits), 9.1 billion dinars for the improvement of housing, 2.9 billion dinars short-term consumer credits, 317 million dinars of car loans and 4.5 million dinars university credits.

The INC said that the volume of consumer credit accounts for 50.3% of total loans granted by banks to Tunisian families.

This type of credit recorded, between December 2011 and December 2017, an increase of 71%. Those dedicated to buying a new home are up 11.1%.

Source: TAP News Agency

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