Statistical Press Release – Banking loans and deposits – November 2019
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 November 2019.
In November 2019 loans granted by banks to non-financial corporations posted an annual rate of change (a.r.) of 1.1%, a decrease of 0.6 percentage points (p.p.) compared with the previous month (Chart 1). Private exporting companies recorded an a.r. of -0.5%, compared with 0.0% in October.
The a.r. on loans to households for house purchase stood at 0.5%, a 0.1 p.p. increase from the previous month (Chart 2). Loans to households for consumption posted an a.r. of 7.8%, compared to 6.9% in October (Chart 2).
For the euro area as a whole, the a.r. on loans to non-financial corporations stood at 2.6%, after 3.1% in October. The a.r. on loans to households for house purchase and consumption stood at 3.7% and 5.7%, unchanged from October.
Household deposits with resident banks totalled €149.7 billion at the end of November. The a.r. stood at 4.1%, 0.2 p.p. less than in October (Chart 3).
In the euro area, the a.r. on household deposits was 5.9% in November, up from 5.6% in the previous month.
Next update: 11 Feb. 2020