Bankitalia: + 11.5% loans to businesses in March-May

(ANSA) - ROME, JULY 10 - In the three months between March and May, the growth of bank loans to businesses "increased significantly", with + 11.5% on an annual basis (+23 billion), benefiting from "support measures to liquidity from the government and other national and international bodies. " Bankitalia writes in the Economic Bulletin, explaining that if between March and April the largest loans affected almost only medium-large companies, in May "net loans to producing families also increased, by 2.1 billion (+ 32% compared to April ).
    Credit to households, on the other hand, notes the document, "contracted instead as a whole" (-2.5% in the three months ending May, from 1.1 in February) in the face of weaker dynamics of mortgages and consumer credit. Bankitalia also notes that in the first quarter the flow of new impaired loans in relation to the total funding of Italian banks "has remained stable compared to the previous period" (1.3%), and in perspective "the impact of the crisis on credit quality will likely be mitigated by the effects of the measures adopted by the government ". (HANDLE).