(Source: Central Bank of Ireland) Loans and other credit Household loan repayments exceeded drawdowns by €472 million during October 2013, following a net monthly increase of €37 million in September. Developments in October were driven by a fall in loans for house purchase and loans for consumption purposes of €271 million and €206 million, respectively. Meanwhile, non-housing, non-consumption related loans recorded a positive net flow of €6 million over the month. On an annual basis, lending to Irish households continued to fall. October 2013 registered an annual decline of 4.2 per cent, representing no change from the September figure. Developments in October continued to be driven by...
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