Credit to families and non-profit organizations residing in Spain by financial institutions increased by 0.8% in March compared to the same month last year. 699,273 million eurosWhile financing provided to companies increased by 0.3%, 934,853 million euros, According to data released this Tuesday by the Bank of Spain.
This represents an increase in loans of €5,836 million and €2,407 million to families referred to companies over the past twelve months, and in a context now marked by the impact of the war in Ukraine on the Spanish economy and the rise in prices.
In a monthly comparison, family indebtedness increased slightly in March. 1.512 million euros Compared to February, which represents 0.2% more. Conversely, corporate debt decreased by 974m euros in March, 0.1% less than in February.
Increase in sales
Household housing loans, which make up the majority of total debts, 515,848 million euros in MarchThis is 1.082 million more than the previous month and 6,140 million more than a year ago, in line with the increase in home sales in recent months.
In this way, data from the Bank of Spain shows that the amount families spend on their homes continues to occupy most of their homes. indebtednessbecause it represents about 73.7% of that.
On their side, family loans for consumption fell 0.6% month on month to €92,062 million in March. mileage rate It rose 0.7%.
On the other hand, family loans for other purposes were added. 88,469 million eurosThis represents a 0.2% decrease compared to 88,626 million in the previous month. The inter-year rate fell by 1.4%.
notional values ​​of debt
on your side, business finance In the third month of the year, due to the increase in both debt securities and loans obtained from abroad, it increased compared to the same period of the previous year, while loans to financial institutions decreased in the last twelve months.
especially, Bank credits The number of companies in March totaled 478,376 million euros, representing a decrease of 2.02% compared to the same month of the previous year. Debt securities rose 8.8% year-on-year to reach 142,218 million. Finally, loans from abroad increased by 0.2% year on year to 314,258 million.
Source: Informacion
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