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Bank of Italy: family loans accelerate, thanks to home loans

Posted: 14 April 2017

Banking loans to businesses in Italy are growing, but with a heterogeneous growth among the different sectors and size of companies, and which sees a negative sign, albeit attenuating, for small and medium-sized enterprises.

According to the Bank of Italy’s Economic Bulletin in the three months ending in February, the credit dynamics of the non-financial private sector slightly strengthened (+1.4%).

Family loans accelerated (+2.7%) thanks to mortgages (+2.9%).