Fx denominated loans as a share of bank loans reached 14.6% in 2023 in Iceland, according to the National Central Bank. This is 12.5% less than in the previous year.
Historically, FX denominated loans as a share of bank loans in Iceland reached an all time high of 18.5% in 2018 and an all time low of 14.6% in 2023.
Iceland has been ranked 34th within the group of 56 countries we follow in terms of FX denominated loans as a share of bank loans.
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