Lisbon, Feb. 21 (Lusa) – Non-performing loans in Portugal dropped back to €16.6 billion last December, the equivalent of 8.55% of all the money lent by banks, the Bank of Portugal (BdP) said on Tuesday.
The central bank’s numbers showed that banks had given loans of €194.333 billion and that €16.6 of this was considered to be overdue.
Since August, when the amount of non-performing loans was €18 billion (or 9.16% of the €196.78 billion in overall loans, the figures have been improving to end the year at under 9%.
The reduction was mainly due to a drop of loans to companies since non-performing company loans were running at about 15.69%, while non-performing family loans were just about 3.86%.
SP/ADB // ADB.
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