Statistical Press Release - Loans granted by the financial sector – June 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 June 2019.
Loans granted to non-financial corporations
In June 2019 the annual rate of change (a.r.) of loans granted to non-financial corporations increased by 1.0 percentage points (p.p.) vis-à-vis the previous month, to 0.4% (Chart 1).
Private exporting companies recorded an a.r. of -0.9%, 1.1 p.p. more than in the previous month.
The ratio of overdue loans of non-financial corporations stood at 8.8%, which corresponds to a 0.3 p.p. decline. The share of borrowers with overdue loans increased by 0.1 p.p., to 21.3%.
Loans granted to households
The a.r. of loans granted to households remained at 0.7% (Chart 2). By purpose, the a.r. of loans for house purchase increased by 0.1 p.p., to -0.4%, while the a.r. of loans for consumption and other purposes decreased by 0.1 p.p., to 5.2%.
The ratio of overdue loans of households remained unchanged from May, at 3.2%. The share of borrowers with overdue loans dropped by 0.1 p.p., to 10.1%.
Next update: 3 Sep. 2019