Generally, any type of loan granted by a bank to private households. – In terms of banking operations, this line of business incurs relatively high fixed costs. On the other hand, it is also widely regarded as a permanent source of backing (stability), especially for deposit-financed institutions such as Volksbanks and savings banks. – In 2008, forty-five percent of domestic lending – excluding government and interbank lending – by German banks was taken up by private households. Slightly more than three-quarters of these were loans related to housing construction or use. – See Abstattungskredit, Abzahlungsfrist, Bank Lending Survey, Blankokredit, Barkredit, Buchkredit, Corporate Finance, Dispositionskredit, Kredit-Punktbewertungverfahren, Konsumkredit, Laufzeitgeld, Mehrfachverbindung, Mindestanzahlung, Paketdarlehn, Personalkredit, Qard al-Hasan, Retailgeschäft, Überziehung, Verschuldungsquote, private, Vorlage, Zinsstatistik, Zinsverbot. – Cf. the ECB’s Monthly Bulletin of June 2001, pp. 15 ff. for the breakdown. Reported in the “Euro area statistics” part of the “Monetary developments, banks and investment funds” section of the respective ECB Monthly Bulletin in the most recent version, ECB Annual Report 2004, p. 39; ECB Monthly Bulletin of July 2005, p. 99 (interest rate differentials between loans to enterprises and households), ECB Monthly Bulletin of May 2006, p. 17 et seq. (longer-term developments in personal loans with many overviews), ECB Annual Report 2005, p. 45 ff. (differences in individual euro area countries), ECB Monthly Report June 2007, p. 57 ff. (patterns of loans to households; overviews), ECB Monthly Report October 2009, p. 19 ff. (personal loans in the business cycle; overviews; references).
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/