Loans to businesses fall by 2.7% in July – Bank of Italy – English

(ANSA) – ROME, SEP 11 – Loans to businesses fell by 2.3% in
July with respect to the same month in 2022, the Bank of Italy
said on Monday.

   
This compares to a year-on-year drop of 1.7% in June.

   
Loans to families dropped by 0.3% year-on-year, compared to a
year-on-year rise of 0.2% in June.

   
Loans to non-financial corporations fell by 4% year-on-year,
compared to a year-on-year drop of 3.2% in June.

   
Photo: Bank of Italy Governor Ignazio Visco (ANSA).