Business News

Finances of Slovenian households improving

Ljubljana, 13 July (STA) - The financial position of Slovenian households continues to improve, with assets growth far outstripping debt. In the first quarter, the surplus of assets over debt widened by EUR 3.2 billion year-on-year to EUR 33.5 billion, show central bank figures.

Households had assets of EUR 47.7 billion at the end of the first quarter, an increase of almost four billion euros, on the back of an EUR 1.6 billion increase in sight deposits and a EUR 1.7 billion rise on investments in equity.

In the same period liabilities rose by only EUR 682 million to EUR 14.2 billion. Loans account for the bulk of liabilities, EUR 12.4bn, and for almost the entire increase in overall liabilities.

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