Lunedì, 24 Settembre 2018

Mortgage lending dips further in December, central bank says


Bergamo, February 8 - Mortgage lending in December
fell by 0.5% on a monthly basis, Italy's central bank said
This compared to a 0.3% decrease the previous month and to
a 0.1% drop in October.
Analysts attribute the fall in mortgage lending to several
factors including the drop in disposable household income,
tightening of loan criteria by banks and high interest rates.
Instead business loans showed an opposite trend, with the
drop in lending slowing to 2.2% in December on a monthly basis
compared to 3.4% in November.

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