Statistical Press Release - Loans granted by the financial sector - August 2018
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 August 2018.
Loans granted to non-financial corporations
In August 2018 the annual rate of change (a.r.) of loans granted to non-financial corporations was -1.0%. This represents an increase of 0.3 percentage points (p.p.) from the previous month (Chart 1).
Private exporting companies recorded an a.r. of -0.2%, reflecting a 1.0 p.p. decline from July.
The ratio of overdue loans of non-financial corporations stood at 12.5%, 0.1 p.p. less than in the previous month. The share of borrowers with overdue loans increased by 0.1 p.p., to 22.7%.
Loans granted to households
The a.r. of loans granted to households stood at 0.7%, i.e. 0.2 p.p. up from July (Chart 2). By purpose, the a.r. of loans for house purchase remained unchanged compared with the previous month (-1.0%) and the a.r. of loans for consumption and other purposes increased by 0.4 p.p., to 7.4%.
The ratio of overdue loans of households remained unchanged from July (3.9%) and the share of borrowers with overdue loans declined by 0.1 p.p., standing at 11.0%.
Next update: 30 Oct. 2018