Statistical Press Release - Loans granted by the financial sector – February 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 February 2019.
Loans granted to non-financial corporations
In February 2019, the annual rate of change (a.r.) of loans granted to non-financial corporations was -1.4%. This represents an increase of 0.8 percentage point (p.p.) from the previous month (Chart 1).
Private exporting companies recorded an a.r. of -2.3%, reflecting a 1.6 p.p. increase from January.
The ratio of overdue loans of non-financial corporations stood at 9.1%, a 0.4 p.p. decline from the previous month. The share of borrowers with overdue loans increased by 0.3 p.p. against the previous month, to 21.6%.
Loans granted to households
The a.r. of loans granted to households stood at 0.5%, unchanged from January (Chart 2). The a.r. of loans for house purchase increased by 0.1 p.p. compared with the previous month, to -0.8%. The a.r. of loans for consumption and other purposes decreased by 0.3 p.p., to 5.8%.
The ratio of overdue loans to households decreased by 0.1 p.p. to 3.3%. The share of borrowers with overdue loans increased by 0.1 p.p. against January, to 10.3%.
Next update: 2 May 2019