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Popular banks, loans and deposits increase in 2017

In January, the popular banks increased loans and deposits compared to a year ago - Loans to small and medium-sized companies are also growing - De Lucia Lumeno's comment

The first data of 2017 for cooperative banks is good. In fact, the year opens with an increase, in January compared to January 2016, of almost 1% for loans and more than 3% for deposits which becomes almost 7% for those in current accounts. Also in the month of January, new loans to Small and Medium-sized Enterprises amount to approximately 2 billion euros and new mortgages for the purchase of a house are worth 1 billion.

"The data on the increase in loans and deposits together with that on financing for small and medium-sized enterprises and households - according to the General Secretary of Assopopolari, Giuseppe De Lucia Lumeno - confirms a positive trend consolidated over the years and a commitment, that of Credito Popolare, in its support to the real economy has never failed despite the crisis. The role of Popolari which, as the data clearly shows, continues to be appreciated, takes on a decisive function in getting out of the economic crisis precisely because the link with the territories is naturally projected towards supporting the real economy and families”.

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