Austria’s Financial Market Authority (FMA) published its latest survey on foreign currency (FX) loans to private households, reporting that the exchange rate-adjusted outstanding volume fell 4.0% in the fourth quarter to EUR 5.23bn, equal to 2.9% of all household loans in Austria. Since the FMA imposed a ban on new FX lending in autumn 2008, the exchange rate-adjusted stock has declined by EUR 44.1bn or 91%. Almost all remaining FX loans are denominated in Swiss francs (99.0%), with most of the remainder in Japanese yen; the Swiss franc traded around 0.9314 per euro in the fourth quarter and has appreciated 78% since 2008. The FMA estimates most remaining FX loans will be repayable at maturity in 2029–2033. Credit institutions are expected to proactively engage affected borrowers at least annually and the FMA encourages borrowers to take up these discussions.
Austria Financial Market Authority 2026-03-23
Austria Financial Market Authority survey shows remaining foreign currency household loans down 4% in Q4 to EUR 5.23bn
Austria's Financial Market Authority reported a 4.0% decline in the exchange rate-adjusted outstanding volume of foreign currency loans to private households in Q4, totaling EUR 5.23 billion. Since the 2008 ban on new FX lending, the stock has decreased by EUR 44.1 billion or 91%, with nearly all loans in Swiss francs. The FMA advises credit institutions to engage borrowers annually, with most loans expected to mature between 2029 and 2033.