Mercoledì, 17 Ottobre 2018

Italian bank loans to businesses keep falling


(ANSA) - Rome, August 8 - Bank loans to Italian companies
continued to fall in June as lenders in the eurozone's third
largest economy were deterred from lending money to businesses
by the economic recession, according to data released by the
nation's central bank.
Loans to non-financial companies in recession-hit Italy
fell 1.5% in June, compared with a 0.4% decline in May, the Bank
of Italy said.
Loans to the private sector in general were up 0.2% in the
month, compared to a 0.7% increase in May.
The number of loans extended to households grew 0.8% in
June, compared to a 1.3% increase in May.
Bad loans in the period increased 15.8%, in line with May.

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