Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

Portugal: Towards An Increase In Bank Loans?

Published 01/18/2017, 04:15 AM
Updated 03/09/2019, 08:30 AM

The annual growth rate of outstanding Portuguese bank loans to the non-financial corporations and to the households of the Euro area is bouncing back since end 2012. In spite of a growth rate remaining in negative territory, a slowdown in the decline is noticeable between October 2012 and November 2016, increasing from -5.6% to -2.1% on an annual basis. This overall trend has been amplified by non-financial corporation loans. The latter is 12.5% more volatile than the growth rate of household loans (standard deviation of 2.5 against 2.8). After years of adjustments, Portuguese growth and inflation forecasts are oriented in a more favourable direction and might allow a pick-up in the growth rate of domestic bank loans.

Annual Growth Rate

by Thomas HUMBLOT

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.