The credit arrears figures come from the National Bank of Belgium’s Centre for Personal Credit. At the end of last month 352,270 people in Belgium had repayment arears on loans of mortgages.
This is up 2.5% of the figures from February 2014. The increase in the number of those in arrears has come despite the total number of outstanding loans/mortgages having fallen by almost 0.5% over the past year.
As quite a number of Belgians in financial difficulties have a number of loans, the number of so-called “problem loans” has risen” to 526,504. These figures include both personal loans and mortgages.