In one year, bank loans to firms and families plummeted by more than 43 billion euros. The stock of loans issued to the private sector decreased from $1,351 billion to $1,307 billion between July 2022 and July 2023, a decline of more than 3%. Meanwhile, due to the slowing of economic growth and the rise in interest rates, the amount of non-performing loans has returned to grow, reaching over 16 billion euros last July, after a long period of decreasing trend, an increase of 580 million on an annual basis and an increase of more than 2 billion compared to July 2022. According to the monthly credit report provided by the Unimpresa Study Center, the stock of bank loans to firms and consumers declined by 3.21%, net of securitizations, from 1,351.2 billion in July 2022 to 1,307.8 billion in July 2023.