Household consumer credit stock exceeded EUR 28 billion

At the end of 2025, the stock of consumer credit granted to households by other financial institutions (OFIs) operating outside the banking sector was almost EUR 140 million lower than in the corresponding period a year earlier. At the end of 2025, the stock of consumer credit granted by OFIs was EUR 5.2 billion, including loans granted by OFIs and transferred off their balance sheets¹. Vehicle loans made up 91% of the consumer credit granted by other financial institutions.

Consumer credit granted by other financial institutions accounts for 19% of households’ total consumer credit stock. The share of other financial institutions has decreased in recent years. The largest part (62%) of households’ consumer credit has been granted by banks (credit institutions) operating in Finland. The share of banks operating in Finland in consumer credits granted to households has also decreased in recent years. As regards entities granting consumer credits, cross-border lenders, which are banks (credit institutions) and other financial institutions, have increased their share (19%) of the total consumer credit stock in recent years. At the end of 2025, households’ total consumer credit stock amounted to EUR 28.2 billion, and its annual growth rate had slowed to 0.1%. The last time annual growth was this slow was at the end of 2020. 

Approximately half of households’ total consumer credit stock consisted of unsecured consumer credits (excl. vehicle loans), and their annual growth rate was 1.5%. OFIs’ share of unsecured consumer credits granted to households was 3%. The largest share (58%) of unsecured consumer credits has been granted by banks operating in Finland, but cross-border lenders have increased their share of unsecured consumer credit to households to 39%. In addition, households’ consumer credits included EUR 9.7 billion in vehicle loans and EUR 4.3 billion in secured consumer credits. Of vehicle loans, 51% were granted by banks operating in Finland and 49% by OFIs.

The total consumer credit stock excludes consumer credit on debt collection agencies’ balance sheets. The sale of non-performing loans to debt collection companies contributes to the slower growth of the consumer credit stock. According to calculations based on the Positive credit register, at the end of 2025, debt collection companies had EUR 1.6 billion worth of consumer credits on their balance sheets², a significant portion of which is estimated to be consumer credits.

Further information

• Markus Aaltonen, tel. +358 9 183 2395, email: markus.aaltonen(at)bof.fi,
• Pauli Korhonen, tel. +358 9 183 2280, email: pauli.korhonen(at)bof.fi

The next news release on other financial institutions will be published on 3 June 2026.

Published data from the data collection on other financial institutions can be found on the Bank of Finland’s website via this link.

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^{1 Securitised vehicle loans serviced by OFIs as off-balance-sheet items constitute a significant share of the total.}

^{2 The use and interpretation of new data may involve uncertainty. Uncertainties will be reduced as more data is accumulated and more experience is gained from a detailed analysis of the data. The Positive credit register data does not enable one to distinguish “consumer credits”. Credits to consumers on collection companies’ balance sheet include vehicle loans, revolving credits and other credit to consumers.}