Rates on new bank mortgages practically stable in September. According to the monthly Abi report, the average on new financing operations (variable and fixed) was 3.25% compared to 3.28% in August which had seen growth compared to July. For businesses, the average rates applied by banks were 3.33% from 3.38% compared to the previous month. In September 2025, the amount of loans to businesses and families grew by 1.8% compared to a year earlier, accelerating compared to +1.6% in the previous month. In August 2025, loans to households had grown by 2.0% and those to businesses by 1.2%. For families it is the ninth consecutive month in which there has been an increase and for businesses it is the third consecutive month in which loans have increased.
In August 2025, net impaired loans (i.e. the set of bad loans, unlikely to pay and past due and/or overdrawn exposures calculated net
of write-downs and provisions already made by banks) decreased to 29.3 billion euros, from 30.2 billion in March 2025 (31.3 billion in December 2024). We can read it in the monthly report of the Abi. Compared to their maximum level, 196.3 billion reached in 2015, they are down by 167 billion. As of August 2025, net impaired loans represented 1.41% of total loans. This ratio is lower than in March 2025 (1.48%; 1.51% y
December 2024; 9.8% in December 2015).