I grow up Loans to families and businesses. This is stated by the report ofAbi relating to the month of January, according to which disbursements to households and businesses are up on an annual basis by +1,1%, an acceleration compared to the +0,9% of the previous month, confirming the continuation of the improvement in the dynamics of the stock of loans.
On the basis of the latest official data, relating to the end of 2016, the recovery of the mortgage market, initially captured by the surge in new mortgages. The total amount of outstanding household mortgages recorded a positive change of +1,9% compared to the end of 2015 (when there were already signs of improvement).
They remain stable at the very low levels reached in recent months i interest rates applied to loans to customers: the average rate on total loans was 2,85%, an all-time low (the same value as the previous month and 6,18% before the crisis, at the end of 2007). The average rate on new business financing transactions stood at 1,55%, it was 1,54% the previous month (5,48% at the end of 2007). The average rate on new home purchase transactions stood at 2,10%, (2,02% in December 2016, an all-time low and 5,72% at the end of 2007). Of the total new mortgage disbursements, around two-thirds are fixed-rate mortgages.
Le net suffering (i.e. net of the write-downs already made by the banks with their own resources) at the end of 2016 stood at 86,9 billion euro, recording a reduction of more than 2% compared to the peak of 89 billion at the end of November 2015. The ratio of net non-performing on total loans it was 4,89% in December 2016 (it was 4,91% at the end of 2015 and 0,86% before the start of the crisis).
Instead, i deposits, which rose by around 49 billion euro compared to a year earlier (variation of +3,7% on an annual basis), while the decrease in medium and long-term deposits, i.e. via bonds, was confirmed by almost 66,5 billion euros in absolute value in the last 12 months (equal to -17,8%).
