The Austrian Financial Market Authority (FMA) published its latest survey on foreign currency lending to private households, showing the outstanding portfolio fell by 3.5% in the third quarter (exchange rate-adjusted) to EUR 5.42 billion, or around 3% of all household loans in Austria. Since the FMA banned new foreign currency loans in autumn 2008, the outstanding volume has declined by EUR 43.9 billion, a 91% reduction on an exchange rate-adjusted basis, from a peak in 2006 when 32% of household loans were denominated in foreign currencies. Almost all remaining loans (98.9%) are in Swiss francs, with most of the remainder in Japanese yen; during the third quarter the Swiss franc exchange rate was around 0.9364 CHF per EUR, and the currency has appreciated by 77% since the start of 2008. The FMA expects most remaining bullet foreign currency loans to mature between 2029 and 2033, and requires credit institutions to meet affected borrowers at least annually.
Austria Financial Market Authority 2025-12-22
Austrian Financial Market Authority reports 3.5% quarterly decline in foreign currency household loan portfolio to EUR 5.42 billion
The Austrian Financial Market Authority reported a 3.5% decline in foreign currency lending to private households in Q3, reducing the outstanding portfolio to EUR 5.42 billion. Since the 2008 ban on new foreign currency loans, the volume has decreased by 91% from its 2006 peak. Nearly all remaining loans are in Swiss francs, with the FMA mandating annual meetings between credit institutions and affected borrowers.