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Loans to private sector down 1.6% in July - Bank of Italy

Loans to households drop 0.6%

Redazione Ansa

(ANSA) - ROME, SEP 10 - Loans to the private sector decreased by 1.6 per cent over twelve months up to July compared to the previous equivalent period, the Bank of Italy said on Tuesday.
    It said loans to households were down 0.6% while those to non-financial companies fell by 3.9%.
    It said private sector deposits increased by 1.1 per cent in the period in question, down from a rise of 2.9% in June. (ANSA).
   

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