Edition 1488
18 August 2018
Edition: 1488

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Borrowing in Portugal among highest in Europe

in Business · 07-06-2018 14:14:00 · 0 Comments

The Bank of Portugal said that the borrowing ratios of companies and families are still among the highest in Europe at a time of low potential growth.

In the case of individuals, it said there had been “strong growth” in consumer credit and new mortgage operations showing there were once again fewer restrictions on granting credit. It added the banking system remained vulnerable due to high exposure to government debt and real-estate.

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Edition 1488
18 August 2018
Edition: 1488

Read this week's issue online exactly as it appears in print.

Twitter

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