June 5 (SeeNews) - Bank deposits in Croatia rose by 300 million euro ($321 million), or 0.5% month-on-month in April, after having fallen steadily throughout the first quarter of 2023, transaction-based figures of the central bank showed.
"The bulk of the increase can be attributed to time deposits (200 million euro), and for the first time in 2023, overnight deposits also rose, albeit slightly," the central bank said in a press release on last week.
On an annual level, the growth in total deposits of the domestic sectors accelerated to 9.0% in April from 8.7% in March.
The annual growth in deposits of non-bank financial institutions accelerated, in contrast with the fall in the annual growth in deposits of non-financial corporations and households.
In April, loans to the domestic sector rose by 400 million euro, or 1.1% from March. Loans to non-financial corporations account for the bulk of the mentioned loans growth (300 million euro) while loans to households account for the rest of the increase.
Loans in the activities of transportation and storage rose the most. In terms of loans by purpose, loans for working capital and investment loans rose the most.
Regarding household loans, general-purpose cash loans rose faster than housing loans, which recorded only a marginal increase, the central bank said.
On an annual level, the growth in loans to domestic sectors accelerated slightly, to 9.6% in April, from 9.5% in March.
($ = 0.933 euro)