Statistical Press Release – Banking loans and deposits – October 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 October 2020.
Loans
In October 2020 loans granted by banks to non-financial corporations posted an annual rate of change (a.r.) of 8.2%, a 0.2 percentage points (p.p.) decrease from the previous month (Chart 1). This evolution is mainly justified by micro and medium enterprises, whose a.r. decrease by 0.3 p.p. and 0.8 p.p., to stand at 15.2% and 5.1%, respectively.
The a.r. on loans to households for house purchase stood at 1.8%, a 0.2 p.p. decrease from September (Chart 2). Loans to households for consumption posted an a.r. of 2.3%, 0.4 p.p. less than in the previous month (Chart 2).
Household deposits
Household deposits with resident banks totalled €158.6 billion at the end of October. The a.r. stood at 7.3%, a 0.3 p.p. increase from September (Chart 3).
Next update: 5 Jan. 2021
