This is a quick overview of the current status of the deposits and indebtedness of Irish households.
|June||Mortgages €M||Other Loans €M||Total €M|
The mortgage figure does not include €37.8 billion outstanding in respect of securitised mortgages. While overall indebtedness is €10 billion less than it was in June 2008, it is €12 billion higher than it was was in June 2006 and this trend must be seen in the context of a severe increase in unemployment.
|June||Deposits €M||Monthly Transactions |
|Ratio of Deposits to Loans outstanding|
Household deposits are €1.2 billion less in June 2010 than in June 2009.
The negative monthly transactions in each of these months can be viewed in the context of increases in deposits in the prior three years. Deposits increased by €124 million in June 2008; by €634 million in June 2007 and by €1,572 million in June 2007.