Banks: stops fall family-business loans – ANSA.it

Banks: stops fall family-business loans – ANSA.it

In November, for the first time after more than 30 months of declines bank lending to households and businesses have arrested the fall. This was announced by the Abi stating that the annual change was nothing (-0.7% in October). But they are still falling, although improving, total loans (-1.6% compared with -2.1% in October).

For bank loans to households and businesses, underlines the ‘Abi, the November 2014 “is the best result since April 2012″. The banking association also explains that this trend of bank loans is not a feature only Italian, but there is also at the level of the entire Euro Area. Another positive fact concerns the new loans: loans to companies for an amount up to one million Euros have marked the first 10 months in 2014 an annual increase of + 0.2%. While new loans for the purchase of property in the first ten months of 2014 showed an annual increase of + 30%.

Since the end of 2007, before the start of the crisis, in November of this’ year loans totaling economy have passed 1673000000000 to 1813.3000000000 euro, those to households and businesses from 1279 to 1419 billion euro. Abi also notes that more and in November the amount of loans granted by banks to customers operating in Italy (1.8133 trillion euro) is higher than 104.5 billion, the amount of customer deposits (1,708, 6 billion euro).

‘to note that then decreases, on an annual basis, the collection medium and long term ie through bonds (-13.4% in November 2014, with a downward trend in absolute value of over 69 billion euro), while deposits increased by almost 44 billion over the previous year (+ 3.6% yoy).

The trend of total deposits (deposits resident customers and bonds) in November 2014 decreased by around € 25.3 billion compared to a year earlier (-1.5%), reflecting the negative trend of the collection in the medium and long term.

Since late 2007, before the start of the crisis, to date customer deposits rose 1513000000000 to 1708.6000000000 of Euros, an increase – in absolute terms – of about 196 billion.