The volume of mortgages issued in February was 7% higher than February 2020
This compares to the euro area average of 1.27%.
This rate was unchanged compared to the previous month but was 0.12% lower than the average a year ago.
The average on fixed rate mortgages was 2.65%.
Fixed rate mortgages account for 82% of all mortgages now issued.
The average variable rate was 3.4%.
The volume of mortgages issued in February was 7% higher than February 2020.
It also increased 23% on the volume issued in January.
New consumer lending is still down sharply compared to a year ago.
The volume of new consumer lending was down 34% compared to February 2020.
The average rate was 6.96% compared to the euro area average of 5.23%.
Total lending to non-financial companies was down 11% compared to last year.
However, loans for values up to €250,000 were up 12%.
The average rate on these loans was 4.57% compared to the euro area average of 1.98%.
The use of overdraft finance by companies was also down by 18% compared to last year.