Italian banks' lending and deposits grow in Q4 2025
Banca d'Italia has published its quarterly report on banks' financing and funding by sector and geographical area for the fourth quarter of 2025. The report details trends in loans, deposits, and customer assets under management, alongside significant methodological updates.
Key aggregates show robust growth
The Banca d'Italia's latest report reveals a continued expansion in the Italian banking sector during the fourth quarter of 2025.
Total loans, excluding repos, reached €1,733,341 million, indicating a steady demand for credit from non-financial companies, producer households, and consumer households.
Deposits, also excluding repos, saw a substantial increase, totaling €1,970,740 million, reflecting strong funding stability within the system.
Furthermore, customer assets under management demonstrated significant growth, climbing to €3,203,139 million.
These figures, reported by banks and Cassa Depositi e Prestiti S.p.A. (CDP), underscore the resilience and evolving landscape of financial intermediation across Italy's diverse regions and economic sectors.
The data provides a comprehensive overview of the financial health and operational dynamics of the country's banking and financial institutions at the close of 2025.
ATECO 2025 classification introduced
The Banca d'Italia is implementing a significant methodological update by transitioning to the new ATECO 2025 classification for economic activity data.
This change affects both monthly and quarterly statistical tables.
New monthly tables, TDB50224 and TDB51224, detailing customer economic activity under ATECO 2025, have been introduced with the March 2026 edition, replacing the older ATECO 2007-based tables.
Similarly, all quarterly tables providing details by customer economic activity according to the ATECO 2007 classification will be discontinued and replaced by new ATECO 2025-compliant tables, starting with the June 2026 edition.
This update aims to provide more current and granular insights into the economic landscape, ensuring the statistical information remains aligned with contemporary economic structures.
Modernization brings short-term friction
The adoption of ATECO 2025 is a necessary modernization, yet its staggered rollout creates temporary data fragmentation for users.
While the new classification promises greater analytical depth, the immediate impact is a complex transition for those relying on consistent time series.
This update, though technically sound, highlights the persistent challenge of balancing data evolution with user continuity.