Statistical Press Release - Loans granted by the financial sector - January 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 January 2019.
Loans granted to non-financial corporations
In January 2019, the annual rate of change (a.r.) of loans granted to non-financial corporations was -2.2%. This represents a decrease of 1.1 percentage points (p.p.) from the previous month (Chart 1).
Private exporting companies recorded an a.r. of -3.9%, reflecting a -3.4 p.p. change from December.
The ratio of overdue loans of non-financial corporations stood at 9.5%, 0.1 p.p. higher than in the previous month. The share of borrowers with overdue loans increased by 0.2 p.p. against the previous month, to 21.3%.
Loans granted to households
The a.r. of loans granted to households stood at 0.5%, unchanged from December (Chart 2). The a.r. of loans for house purchase increased by 0.1 p.p. compared with the previous month, to -0.9%. The a.r. of loans for consumption and other purposes decreased by 0.3 p.p., to 6.1%.
The ratio of overdue loans to households remained unchanged at 3.4%. The share of borrowers with overdue loans increased by 0.2 p.p. against December, to 10.2%.
Next update: 2 Apr. 2019