Furthermore, blind embossing of other printed features produces layered, variable images. Nevertheless, for the next series of euro banknotes we need at least one new level 1 security feature that can be used by the ordinary citizen in everyday situations.
SLIDE 11 shows the lending growth of big banks, medium sized banks and small banks. Growth in lending to households accounts for almost half of total lending growth, and 60 per cent of the household element stems from lending for home-financing purposes. On top of that we have seen lending growth of mortgage credit institutions to households of around 10 percent.