Banks, restrain the growth of bad debts – Milano Finanza

In decrease the suffering of Italian banks in June both at gross level and at the net level. In the first instance increased from 199 994 000 000 in May to 197 909 000 000 (-1%), while in the second from 84.948 billion to 83.708 billion (-1.46%). This is what we read from the report published this morning by the Bank of Italy which showed, however, an annual increase of gross doubtful loans, expansion though decelerating from + 3.2% to + 1.1% the previous month.

Less positive data on the credit front: the increase in private sector loans, adjusted for securitization and other receivables sold and deleted from bank balance sheets, slowed from + 0.8% trend May to + 0.6%. It ‘s back in contraction credit to non-financial companies, after + 0.3% yoy in the previous month registered a -0.1%, while also continued to expand lending to families: +1.4 % against + 1.5% in May.

In general decline even interest rates. More specifically, those on loans to households for house purchase, inclusive of related charges, amounted to 2.55% (2.61% in the previous month), while those on new loans for consumer credit to ‘ 8,11% (8,32% in the previous month).

The interest rates on new loans to non-financial amount of up to 1 million euro amounted to 2.36% (2.53% in the previous month), while rose to ‘ 1.34% those on new loans for amounts greater than this threshold (1.22% in May). The interest rates on the complex of deposits outstanding amounted to 0.45% (0.46% in May).

In terms of deposits, they are accelerated in June, the deposits of the private sector, an increase 3.4% after + 3.2% the previous month, while bond issues, including bonds held by the banking system, have continued to fall, with a -11.8% per annum after -14.8% It May.

Finally, increased the value of government bonds held by domestic banks operating in Italy as 409,169,000,000 to 415,039,000,000. Specifically, in June, the portfolio of lenders included BTP for 291.195 billion, treasury bonds for 61.945 billion, Bot for 26.854 billion and 20.192 billion Ctz for.