At the end of March 2024, the system’s outstanding loans Piacenza credit they decreased by 4.5% compared to the same month of the previous year.
The data of Bank of Italyanalyzed by the Research Office of the Emilia Chamber of Commerce, show a drop compared to the same period of the previous year, especially with regard to businesses (-6.6%) and financial and insurance companies (-29.5%), while it stops at -0.9% with regard to families.
With regard to public administrations, however, loans show a +2.5%.
According to the study, 56% of bank financing is absorbed by businesses, 41.7% by families, 1.4% by public administration and 0.4% by financial and insurance companies.
Manufacturing shows -10% in credits compared to March 2023; we also find a decline for construction and services, of 2.2% and 4.5% respectively.
The credit deterioration rate also fell slightly, going from 1.1% in 2023 to 1%.
The interest rate on deposits is, however, improved, with an increase of 1.3% for a total of 10.3 billion, while they continue to diminish current account deposits with a decrease of 3.8%; continues growth of securities under custody which recorded +20% for a total stock value of 9 billion.
