FX loans in Austria: decline in a new record low!

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Laimgrubengasse 10, 1060 Wien, Österreich - In 2024 there was a dramatic decline in foreign currency loans for private households in Austria. According to current surveys of the Austrian financial market supervision (FMA), the volume of the FX loans fell by 4.4 % in the final quarter, which corresponds to a decline of 1.27 billion euros in the course of the year. This brings the total amount to only 6.13 billion euros, which makes 3.5 % of all loans to private households. At the climax of the FX credit boom in 2006, the outstanding loans were still around 43.2 billion euros, which corresponds to a decline in shocking 90 % since the dismissal stop in 2008, reports the FMA . It is striking that almost all remaining FX loans (98.8 %) are created in Swiss francs. This currency has increased by impressive 71.6 % compared to the euro since 2008, which is a significant burden for many borrowers. The FMA estimates that most of these loans are due between 2029 and 2033 and advises the banks to regularly communicate with the customers concerned. The remaining borrowers should urgently make use of these offers.

Financial views of 2025

Federal budget 2025 . It is also expected that the net blows will increase to 145.1 billion, which indicates that the structural challenges of financing will continue to exist in the future.

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OrtLaimgrubengasse 10, 1060 Wien, Österreich
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