The statement adds that 330 loans were ensured through the government subsidy programme and they total €8.5 million, whereas the remaining ones are commercial housing loans without state subsidies.
In 2005 the amount stood at around €39 million, which is less than this March alone, notes the statement and recalls that since it began working, the National Corporation had a total portfolio of insured loans of over €330 million, out of which number €79 million were government-subsidised loans divided into 3,150 loans.
The average housing loan stood at around €30,000 with the monthly instalment of between €160 and €190 depending on the interest rate, while the average salary in Serbia exceeded €300, which is why housing loans have become more available.
The region of Vojvodina takes up the top position when it comes to ensured loans participating with over 40%, followed by Belgrade with 38%, Central Serbia with around 17% and Southeast Serbia with 5%.
The total portfolio of housing loans in Serbia’s GDP stood at little below 2%, which is considerably less than the average in Central and Eastern Europe where it stands at 15%.
Due to banks’ satisfactory offer of housing loans, the mortgage loan market is doing pretty well, though this does not reduce the problem of weak offer at the real estate market where the lack of quality flats is evident.
The main problem in Belgrade and other Serbian towns is unsatisfactory linkage between periphery and central business zones, reads the statements and adds that with infrastructure development the suburban zones will become more alluring.