Italian bank lending and deposit rates rise in December
Lending to Italy's private sector increased by 2.1 percent annually in December 2025, with household loans rising 2.5 percent and non-financial corporate loans 2.0 percent. Private sector deposits grew by 2.3 percent, and bond funding by 2.1 percent.
Continued growth in loans and deposits
In December, adjusted lending to the Italian private sector rose by 2.1 percent annually, matching the previous month's growth.
This increase was driven by a 2.5 percent annual rise in loans to households (up from 2.3 percent in November) and a 2.0 percent increase for non-financial corporations (up from 1.8 percent).
Concurrently, private sector deposits expanded by 2.3 percent on an annual basis, a slight moderation from 2.6 percent in November.
Bond funding also increased, growing by 2.1 percent year-on-year, compared to 2.8 percent in the preceding month.
These figures align with the harmonised methodology of the European System of Central Banks (ESCB).
Varied movements in interest rates
Interest rates on new household loans for house purchases rose to 3.81 percent in December, up from 3.72 percent.
The proportion of these loans with short-term interest rate fixation (up to one year) increased to 18.5 percent.
New consumer loan rates were 9.97 percent.
For non-financial corporations, new lending rates reached 3.58 percent, with smaller loans (up to €1 million) at 4.16 percent and larger loans (above €1 million) at 3.29 percent.
The average rate on outstanding deposits saw a marginal decrease to 0.62 percent from 0.63 percent in November.
Source: Banks and money: national data - December 2025
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