New figures show that personal loan activity – including car, home improvement and green loans – reached record highs in the second quarter of this year.<\/p>\n
The figures from Banking and Payments Federation Ireland said that loan values rose by 17.6% to \u20ac754m, while volumes increased by 16.9% to 70,958 compared to the same time last year.<\/p>\n
BPFI noted that these were the highest quarterly levels since the data series began in 2020.<\/p>\n
Today’s figures show that the average personal loan value rose by \u20ac60 year on year to \u20ac10,620.<\/p>\n
They also reveal that the number of car\/auto finance loans rose by 13.1% year on year to 20,131, while the value of loans increased by 15.8% to \u20ac260m.<\/p>\n
The average car loan in the second quarter of this year was \u20ac12,905, up from \u20ac12,605 a year earlier.<\/p>\n
BPFI also reported a total of 17,740 home improvement loans in the second quarter of 2025, up by 10.3% year on year. These were valued at \u20ac228m, 12.5% higher than last year.<\/p>\n
The average home improvement loan value was \u20ac12,823, an increase from \u20ac12,568 on the second quarter of last year.<\/p>\n
Meanwhile, a total of 33,087 for other purposes – including education, holidays and special occasions such as weddings – were drawn down in the three months from April to June, a rise of 23.5% in volume with values rising by 24.3% to \u20ac266m.<\/p>\n
The average loan value in for other loans increased to \u20ac8,049 up from \u20ac7,997 last year.<\/p>\n
Today’s figures also show that the value of green personal loans rose by 24.4% year on year to \u20ac39.3m in the second quarter, while the number of green loans rose by 30.5% to 1,635.<\/p>\n
BPFI noted that the average green loan was relatively high at \u20ac24,051, more than twice the average of \u20ac10,620 for all loans in the same quarter.<\/p>\n
Brian Hayes, BPFI’s chief executive, said its latest figures indicate a sustained increase in demand for personal lending, achieving the highest quarterly loan activity levels on record across all categories.<\/p>\n
“Notably, car or auto finance loans exceeded 20,000 for the first time since the data series began in 2020, with 20,131 loans valued at \u20ac260m,” he said.<\/p>\n
“Home improvement loans also showed steady growth, with 17,740 loans in Q2 2025, up 10.3% year-on-year while other personal loans, including those for education, holidays, and special occasions such as weddings, totalled 33,087 in the same period, rising by 23.5% compared to Q2 2024,” he added.<\/p>\n
But he said the largest jump was seen in green personal loans, albeit from a lower base.<\/p>\n
“Comprising green car and green home improvement loans, these loans rose in value by 24.4% year on year to \u20ac39.3m and by 30.5% in volume to 1,635, the highest activity levels since the green loan data series began in 2022,” Mr Hayes said.<\/p>\n
“We also saw the average green loan increase by \u20ac1,118 year on year to \u20ac24,051, more than twice that of the overall average personal loan value of \u20ac10,620,” he added.<\/p>\n","protected":false},"excerpt":{"rendered":"New figures show that personal loan activity – including car, home improvement and green loans – reached record…\n","protected":false},"author":2,"featured_media":126885,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-126884","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/126884","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=126884"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/126884\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/126885"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=126884"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=126884"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=126884"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}