LENDING Total loans of €2265bn were down 0.4%, -4% Y/Y with lending
to the “real economy” (non-fin Corporate + Households) flattish M/M at
€1306bn, down almost 5% Y/Y with both Households and non-fin Corporate flattish M/M
o Consumers (APRC) +47bp M/M to 8.19% (-26bp YoY).
o NNM Corporate rates were flattish at 1.47%, up 5bp Y/Y
The overall cost of deposits was 0.36%, flattish M/M and
down 3bp Y/Y.
@OGiannino @lucianocapone @SMerler