Statistical Press Release - Loans granted by the financial sector – April 2019
Today, Banco de Portugal publishes statistics, in Table A.11 of the Statistical Bulletin and in BPstat, on loans granted by the resident financial sector to non-financial corporations and households for April 2019.
Loans granted to non-financial corporations
In April 2019, the annual rate of change (a.r.) of loans granted to non-financial corporations remained unchanged vis-à-vis March at -1.0% (Chart 1).
Private exporting companies recorded an a.r. of -1.8%, reflecting a 1.2 percentage points (p.p.) increase from the previous month.
The ratio of overdue loans of non-financial corporations stood at 9.1%, 0.2 p.p. higher than in the previous month. The share of borrowers with overdue loans increased by 0.2 p.p. against March, to 21.4%.
Loans granted to households
The a.r. of loans granted to households stood at 0.5%, similarly to the previous period (Chart 2). By segment, the a.r. of loans for consumption and other purposes decreased by 0.1 p.p., to 5.3%, while the a.r. of loans for house purchase increased by 0.1 p.p. to -0.7%.
The ratio of overdue loans to households remained as in March at 3.3%. The share of borrowers with overdue loans increased by 0.1 p.p. against the previous month, to 10.4%.
Next update: 2 Jul. 2019