They still go down rates on loans for house purchase, marking the lowest value since March 2011. This was revealed by the monthly bulletin of the ABI, specifying that in September the average rate was reduced to 3%, against 3,12% in the previous month. In general, the average rate on new business loan transactions fell further in September to 2,87%, in this case the lowest value since February 2011.
Bank loans as a whole recorded a contraction on an annual basis of 2,3%, an improvement on the -2,5% of the previous month and on the -4,5% of November 2013, when it had reached its negative peak. In particular, loans to households and businesses alone fell in September by only 0,9% compared to -1,2% in the previous month and -4,5% in November 2013. September is the best result since May 2012 for loans to households and businesses. And if the trend continues towards the end of the year, it could have a positive sign.
However, the new record of the number also emerges from the Abi report gross non-performing loans of Italian banks, which in August reached 174 billion, an increase of 1,6 billion compared to July and 32,1 billion since August 2013 (+22,6% the increase on an annual basis).
In relation to loans, non-performing loans amounted to 9,2%, a value which marks the highest since August 1998, against 7,3% in August 2013. As for non-performing loans net of write-downs, in August they rose to 79,5 .78,2 billion from 8,2 in the previous month (+4,41% annual increase). The net non-performing loans/lending ratio stood at 4,3% (3,93% in July and 2013% in August XNUMX).
The trend of collection total recorded a decrease of approximately 9,6 billion in September compared to a year ago, marking an annual change of -0,6% (-1% in August).
In detail, however, medium and long-term deposits, i.e. through bonds, decreased by 10,6%, marking a drop on an annual basis in absolute value of almost 55 billion euro and thus penalizing the disbursement of medium and long loans term. Deposits, on the other hand, increased by over 45 billion compared to the previous year, equal to an increase of 3,8% (+3% in August).
