(ANSA) - ROME, SEPTEMBER 14 - New historical low for bank loan rates. According to the monthly ABI report, in August 2021 the average rate on total loans was 2.19% compared to 6.18% before the crisis, at the end of 2007. The average rate on new business financing operations, the banking association emphasizes, is 1.08% (1.05% the previous month; 5.48% at the end of 2007). The average rate on new home purchase transactions rose slightly to 1.47% (1.40% in July 2021, 5.72% at the end of 2007). And the growth of bank deposits slows down in Italy and Europe, which in the past few years, thanks to the lockdowns for Covid, had reached high levels, causing a sort of 'forced saving'. After the peak of + 11.6% in January, in August there was a + 7,7%, thus returning to the level of growth of a year ago. In absolute terms, deposits amounted to 1,799 billion lire.
The increase in loans to households and non-financial companies continues, albeit at a slower pace (+ 2.3% against 2.7% in the previous month. (ANSA).
