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Abi: deposit boom + 8% continues, uncertainty weighs on the crisis

2020-10-20T13:43:25.013Z


The strong growth of bank deposits continues with an increase, in September, of 8% to 1681 billion due to the uncertainty for the future situation that induces companies and families to park their liquidity, partly also that coming from financ ... (HANDLE)


(ANSA) - ROME, OCTOBER 20 - The strong growth of bank deposits continues with an increase, in September, of 8% to 1,681 billion due to the uncertainty for the future situation that induces companies and families to park liquidity, in part also that coming from loans guaranteed by the State.

According to the monthly ABI report, this is an increase of 125 billion euros compared to a year ago, caused in part by guaranteed loans.

For the deputy director of the association Gianfranco Torriero "savings are not negative, it is clear that there are precautionary behaviors that lead to the creation of buffers of resources to deal with any critical issues. economic policies of governments and the European Union, because if the growth of deposits causes uncertainty becomes a structural behavior, less than the aggregate resources for the economy is favored ".


   Bank lending to households and businesses accelerate in September.


   They rose by 4.8% compared to + 4.1% in the previous month, continuing the positive trend caused by the loans guaranteed by the state.

(HANDLE).


Source: ansa

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