Statistical Press Release - Loans granted by the financial sector - September 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 September 2019.
Loans granted to non-financial corporations
In September 2019, the annual rate of change (a.r.) of loans granted to non-financial corporations remained unchanged from August, at -0.3% (Chart 1).
Private exporting companies recorded an a.r. of -0.9%, a 0.8 percentage point (p.p.) decrease from the previous month.
The ratio of overdue loans of non-financial corporations stood at 8.2%, down by 0.3 p.p., while the share of borrowers with overdue loans dropped by 0.3 p.p. to 20.6%.
Loans granted to households
The a.r. of loans granted to households stood at 0.5%, up by 0.1 p.p. from August (Chart 2). By purpose, the a.r. of loans for house purchase decreased by 0.1 p.p., to -0.6%, while the a.r. of loans for consumption and other purposes increased by 0.4 p.p. to 4.5%.
The ratio of overdue loans of households decreased by 0.1 p.p., from the previous month, to 2.9%. The share of borrowers with overdue loans remained unchanged at 9.9%.
As of today, Table A.11 will no longer be published. Instead, information on the monetary sector will be incorporated into Table A.9 and under “balance sheet statistics of monetary financial institutions” in the Statistics Portal (new BPstat). Information on the financial sector will be incorporated into Table A.20 and under “Non-financial sector indebtedness” in the Statistics Portal (new BPstat).