Statistical Press Release – Banking loans and deposits – February 2020
Today, Banco de Portugal publishes statistics, in Table A.9 and in BPstat, on banking loans and deposits of non-financial corporations and households for February 2020.
Loans
In February 2020 loans granted by banks to non-financial corporations posted an annual rate of change (a.r.) of 0.0%, a decrease of 0.4 percentage points (p.p.) (Chart 1). Private exporting companies recorded an a.r. of -0.3%, compared with -0.6% in January.
The a.r. on loans to households for house purchase stood at 1.2%, a 0.1 p.p. increase from the previous month (Chart 2). Loans to households for consumption posted an a.r. of 8.3 %, unchanged from January (Chart 2).
For the euro area as a whole, the a.r. on loans to non-financial corporations stood at 2.3%, 0.3 p.p. less than in the previous month. The a.r. on loans to households for house purchase and consumption stood at 4.3% and 6.1%, compared to 4.1% and 6.0% respectively from January.
Household deposits
Household deposits with resident banks totalled €150.6 billion at the end of February. The a.r. stood at 3.9%, 0.3 p.p. less than in January (Chart 3).
In the euro area, the a.r. on household deposits was 5.2% in February, unchanged from the previous month.
Next update: 12 May 2020
