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Abi: Mortgages are growing, rates to the lowest

Posted: 19 July 2017

The dynamics of loans improve, the cost of money is kept at minimal levels and the sufferings fall.

According to the monthly report of Abi, household and corporate loans are growing at an annual rate of + 1.5%, further strengthening the overall dynamics of total outstanding loans.

In detail, the Italian Banking Association notes that based on the latest official figures for May 2017, the total amount of household loans recorded a positive change of + 2.5% compared to May 2016.