Lunedì, 22 Ottobre 2018

Drop in Italian bank loans accelerates


Rome, August 8 - The fall in the number of loans
granted by banks accelerated in recession-hit Italy in June, the
Bank of Italy said Thursday.
The central bank said loans to Italian households and
non-financial firms was down 3% in June compared to the same
month in 2012.
The year-on-year decrease in May was 2.4%.
The Bank of Italy said loans to households were down 1% in
June with respect to the same month in 2012, the same as in May.
But loans to non-financial businesses were 4.1% lower than
in June 2012, compared to -3.6% for the year-on-year figure in
This acceleration is a worrying sign as attempts to pull
the Italian economy out of its longest recession in 20 years may
be hampered if families and businesses have trouble obtaining

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