Corporate loans reached 21.0 USD bil in 2017 in Slovakia, according to the National Central Bank. This is 20.4 % more than in the previous year.
Historically, corporate loans in Slovakia reached an all time high of 21.4 USD bil in 2009 and an all time low of 4.05 USD bil in 2001. When compared to Slovakia's main peers, corporate loans in Austria amounted to 170 USD bil, 23.9 USD bil in Hungary and 105 USD bil in Poland in 2017.
Slovakia has been ranked 29th within the group of 75 countries we follow in terms of corporate loans, 7 places above the position seen 10 years ago.
Corporate loans are loans made to businesses for a specific business purpose.