Finnish lenders tell about drop in demand for housing loans

THE SPIKE in demand for housing loans caused by the coronavirus pandemic and its effects on working life appears to have come to an end in Finland, writes Helsingin Sanomat.

The Bank of Finland on Monday released statistics showing that the value of new drawdowns of housing loans decreased by about 380 million euros year-on-year to 2,690 million euros in May and by 380 million euros year-on-year to 2,620 million euros in June.