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Mortgage loans have recorded their highest rate of growth since early June, according to the Central Bank.
Mortgage loans increased by 388 million euros on the month, while in net terms, mortgages were higher by 518 million euros. a year ago, according to the latest report on monetary and banking statistics of the financial regulator.
However, seasonal effects drove down the quarterly figures for mortgages. This situation, together with a decrease of 80 million euros (0.5%) in non-mortgage loans, led to a 1.4% decline in loans to households at the end of June.
Meanwhile, household deposits increased by 770 million euros in June. seventh consecutive month of growth
This pushed household deposits to a record high of 102.1 billion euros, with banks holding 11.5 billion euros in deposits more than loans to the end of June.
are net lenders of the banking system, according to the Central Bank, with an overall loan / deposit ratio of 0.89.
In the same report, the Central Bank also stated that loans to non-financial corporations were higher by 422 million euros. June, although net lending fell by 288 million euros on an annual basis.
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