Statistical Press Release – Banking loans and deposits – November 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 November 2020.
In November 2020 loans granted by banks to non-financial corporations posted an annual rate of change (a.r.) of 8.7%, a 0.5 percentage points (p.p.) increase from the previous month (Chart 1). This evolution is mainly justified by small and medium enterprises, whose a.r. increase by 1.6 p.p. and 0.7 p.p., to stand at 13.5% and 5.9%, respectively.
The a.r. on loans to households for house purchase stood at 2.0%, a 0.2 p.p. increase from October. Loans to households for consumption posted an a.r. of 2.0%, 0.3 p.p. less than in the previous month (Chart 2).
Household deposits with resident banks totalled €160.2 billion at the end of November. The a.r. stood at 7.3%, unchanged from October (Chart 3).
Next update: 29 Jan. 2021