The Bank of Portugal published updated August 2025 statistics on bank lending and deposits to households and companies. Housing loans rose 8.4% year on year, while household deposits increased 4.8% year on year and continued to decelerate for the tenth consecutive month; corporate lending grew 4.0% year on year, up from July. Total loans to households increased 8.2% year on year. The housing loan stock reached EUR 107.1bn at end-August, up EUR 786m from July, marking the highest annual growth rate since July 2008. Consumer credit and other-purpose lending rose to EUR 33.0bn, up EUR 175m month on month, with annual growth of 7.7% overall, including 6.8% for consumer credit and 9.2% for other purposes; within this, personal credit totalled EUR 13.1bn, car credit EUR 8.9bn and credit cards EUR 3.3bn. Lending to companies stood at EUR 73.9bn, down EUR 303m from July but up 4.0% year on year, with positive annual growth for micro, small and large firms and a decline for medium-sized firms; construction and real estate credit accelerated to 8.2% year on year. Household deposits totalled EUR 196.9bn, down EUR 944m from July due to lower sight and term deposits, while corporate deposits rose to EUR 73.2bn, up EUR 2.6bn month on month, with annual growth easing to 9.7% from 10.5% in July. Annual growth rates are calculated on a transactions-only basis, excluding other effects such as exchange-rate movements. The next update is scheduled for 27 October 2025.

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