MILAN – The expansion of Italian financial institution lending to companies had been down once more in November, information from the Financial institution of Italy confirmed on Wednesday.
A month-to-month report on the steadiness sheets of home banks confirmed loans to non-financial firms grew by 2.8% year-on-year in November in contrast with a 3.1% rise in October.
The info additionally confirmed Italian residents’ deposits with home banks had been all the way down to 2.75 trillion euros ($2.95 trillion) in contrast with 2.77 trillion euros the earlier month.
Gross unpaid loans fell to 34.01 billion euros on the finish of November from 34.72 billion euros a month earlier.
($1 = 0.9322 euros)
Post a Comment