Corporate loans reached 170 USD bil in 2017 in Austria, according to the National Central Bank. This is 19.6 % more than in the previous year.
Historically, corporate loans in Austria reached an all time high of 189 USD bil in 2013 and an all time low of 115 USD bil in 1997. When compared to Austria's main peers, corporate loans in Germany amounted to 1,023 USD bil, 23.9 USD bil in Hungary and 678 USD bil in Italy in 2017.
Austria has been ranked 11th within the group of 75 countries we follow in terms of corporate loans, 2 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.