Collections are growing, but loans are decreasing. AND gross non-performing loans set yet another record at the end of October, touching the threshold of 120 billion euro, for an annual increase of around 16,6%. This is the highest level since the late 90s. In relation to loans, non-performing loans amounted to 6,1% in October (they were 5,2% in the same period last year). This is the picture that emerges from the ABI's latest monthly bulletin.
According to representatives of Italian banks, deposits grew by 1,3% last month, against +0,6% at the end of October. In particular, bank deposits from resident customers amounted to 1.719,8 billion euro and over the last year the stock of deposits increased by approximately 21,5 billion euro. Deposits from resident customers recorded an increase of almost 6%: this is the highest value since February 2012. The annual change in bonds, on the other hand, fell by 6,8%.
The situation is diametrically opposite, however, for loans, which continue to decrease. At the end of November, according to the ABI, total loans to residents in Italy fell by 1,7% (after -1% in October), to 1.928,8 billion euro.
The annual change in loans to Italian residents to the private sector was also negative (-1,5% in November from -1,9% in the previous month). Loans to households and non-financial companies fell by 1,9% (from -2,7 in October), reaching 1.484,5 billion euro.
