Loans granted by the financial sector

 

The statistical information on loans granted by the resident financial sector, presented in the ‘Main indicators’, comprises a set of 53 indicators, related to loans granted to resident entities belonging to the institutional sectors: non-financial corporations, households and to non-profit institutions serving households.

 

These indicators cover all the loans granted by the financial sector resident in Portugal, including not only monetary financial institutions (mainly banks) but also non-monetary financial institutions that grant credit like credit financial institutions, credit purchase financing companies, leasing and factoring companies and mutual guarantee companies.

 

The classification of corporations by size is based on Recommendation (EC) no. 2003/361/EC, of 6 May 2003, with the following criteria:

·         Micro corporations — number of employees below 10 and a turnover or an annual balance sheet value not above 2 million euros;

·         Small corporations — number of employees below 50 and a turnover or an annual balance sheet value not above 10 million euros;

·         Medium-sized corporations - number of employees below 250 and a turnover not above 50 million euros or an annual balance sheet value not above 43 million euros; and,

·         Large corporations - number of employees not below 250 or a turnover above 50 million euros or with an annual balance sheet value above 43 million euros.

Holding corporations are excluded from this classification, although they included in the information concerning the non-financial corporations sector as a whole.

 

The classification of private corporations as exporting requires the fulfillment of the following criterion:

a.       Exports of goods and services represent at least 50% of turnover; or

b.      Exports of goods and services represent more than 10% of turnover and the total amount exceeds 150 thousands euros.

 

These data are also presented on Chapter A of Statistical Bulletin – Table A.11 ’Loans granted by the financial sector’.

 

For further information (data and metadata) on loans granted by the resident financial sector, please refer to the statistical domain ‘Monetary and financial statistics’ of BPstat | Statistics online.

 

 

Updated on 2016/02/22