Statistical Press Release – Banking loans and deposits – December 2019
In December 2019 loans granted by banks to non-financial corporations posted an annual rate of change (a.r.) of 0.4%, a decrease of 0.7 percentage points (p.p.) compared with the previous month (Chart 1). Private exporting companies recorded an a.r. of -1.3%, compared with 0.3% in November.
The a.r. on loans to households for house purchase stood at 0.9%, a 0.3 p.p. increase from the previous month (Chart 2). Loans to households for consumption posted an a.r. of 7.9%, compared to 7.3% in November (Chart 2).
For the euro area as a whole, the a.r. on loans to non-financial corporations stood at 2.6%, unchanged from November. The a.r. on loans to households for house purchase and consumption stood at 3.9% and 6.1%, compared to 3.7% and 5.7% respectively from November.
Household deposits with resident banks totalled €150.1 billion at the end of December. The a.r. stood at 3.7%, 0.3 p.p. less than in November (Chart 3).
In the euro area, the a.r. on household deposits was 5.3% in December, down from 5.9% in the previous month.
Next update: 10 Mar. 2020