The Bank of Portugal published updated July 2025 statistics on bank lending and deposits for households and non-financial corporations. The release shows continued acceleration in housing loans, with mortgage lending up 8.1% year on year, while household deposits grew 4.9% year on year and continued to slow, and corporate lending growth eased slightly to 3.5%. Total household lending rose 8.0% year on year, with the stock of housing loans increasing by EUR 986 million month on month to EUR 106.3 billion. Consumer credit and other purposes increased by EUR 158 million to EUR 32.8 billion and grew 7.7% year on year, including personal credit of EUR 13.0 billion (up EUR 73 million; 7.2% year-on-year growth), auto credit of EUR 8.8 billion (up EUR 72 million; 9.9%), and credit cards of EUR 3.3 billion (down EUR 26 million; 7.7%). Loans to companies totalled EUR 74.2 billion (up EUR 113 million) and grew 3.5% year on year, with positive growth for micro, small and large firms (12.0%, 2.2% and 0.8%) and a negative rate for medium-sized firms (-2.6%); construction and real estate credit grew 7.6% year on year, while trade, transport and accommodation grew 1.8% overall. Household deposits in resident banks totalled EUR 197.8 billion (up EUR 1.975 billion), driven by EUR 1.697 billion higher sight deposits and EUR 278 million higher term deposits, while corporate deposits rose to EUR 70.6 billion (up EUR 253 million) with annual growth accelerating to 10.5%; annual growth rates are calculated on a transactions-only basis, excluding other effects such as exchange rate movements. The next update is scheduled for 25 September 2025.

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