Bank of Italy, continued decline in loans to businesses and households

Level of loans and grants credit still falling forbusinesses and families is what emerges from the data published by the Bank of Italy as part of the research conducted to study the performance of the loans in the private sector.

The decline in the level of loans granted to the private sector on an annual basis would amount to around 0.9% , since certainly negative but a slight improvement compared to - 1.5% that the bank had taken over the previous studies .

While sharing a given overall negative, clearly emerges as families have fewer difficulties in accessing credit with respect to fund companies, the level of payments for credit to households has in fact decreased over the last twelve months of 0.5% while businesses suffer a drop in funding next to touch the two and a half percentage points (the data were reported by the Bank of Italy portal Repubblica.it ).

To make it even more humiliating an already negative in itself a significant increase in the inflow of money available to banks and credit institutions , whose deposits have increased by almost 7 percentage points in the last twelve months.

The figure shows that the difficulties of access to credit by the private sector depends in part by a decrease (recorded upstream) of the requests - a sign of mistrust evident in regard to the future - and in part by the extreme distrust of banks , reluctant to grant loans for an incalculable risk of insolvency of the debt by the applicant on duty.