Statistical Press Release - Loans granted by the financial sector - September 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 September 2018.
Loans granted to non-financial corporations
In September 2018, the annual rate of change (a.r.) of loans granted to non-financial corporations was -0.7%. 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 -0.5%, reflecting a -0.3 p.p. change from August.
The ratio of overdue loans of non-financial corporations stood at 12.3%, 0.2 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 0.7%, unchanged from August (Chart 2). By purpose, 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 0.1 p.p. to 7.3%.
The ratio of overdue loans of households declined by 0.1 p.p. to 3.8% and the share of borrowers with overdue loans remained unchanged from August (11.0%).
Next update: 27 Nov. 2018