Statistical Press Release - Loans granted by the financial sector - November 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 November 2018.
Loans granted to non-financial corporations
In November 2018 the annual rate of change (a.r.) of loans granted to non-financial corporations was -0.9%. This represents an increase of 0.1 percentage points (p.p.) from the previous month (Chart 1).
Private exporting companies posted an a.r. of -0.9%, reflecting a -0.8 p.p. change from October.
The ratio of overdue loans of non-financial corporations stood at 11.4%, 0.3 p.p. less than in the previous month. The share of borrowers in default decreased by 0.1 p.p., to 22.6%.
Loans granted to households
The a.r. of loans granted to households stood at 0.8%, remaining unchanged from the previous month (Chart 2). By purpose, the a.r. of loans for house purchase increased by 0.1 p.p. from the previous month, to -0.8%. The a.r. of loans for consumption and other purposes decreased by 0.6 p.p., to 7.1%.
The ratio of overdue loans of households was 3.8%, down by 0.1 p.p. from October. The share of borrowers with overdue loans stood at 11.3%.
Next update: 29 Jan. 2019