IRISH households owe a total of €150bn to lenders, new figures show.
The amount consumers had on deposit with the main lending institutions totalled €86.2bn by the end of last year.
This represents a €390m fall compared with the preceding quarter and a 3.3pc drop when measured on a year-on-year basis.
As of the end of December, the level of outstanding mortgage loans stood at €130.6m.
"Floating rate mortgages - which include standard variable rate, tracker rate and mortgages with a fixed rate up to one year - accounted for 86pc of the outstanding amount of loans for house purchase on balance sheet at the end of December," said the Central Bank.