Total lending
(Million euros)
Domestic sector
Public sector
Other domestic sectors
· Secured loans
· Commercial loans
· Financial leases
· Other term loans
· Credit card debtors
· Other demand and miscellaneous debtors
· Other financial assets
· Non-performing loans
Non-domestic sector
Secured loans
Other loans
Non-performing loans
Total lending (gross)
Loan-loss provisions
Total net lending
weakness of consumer finance. This performance is
basically reflected in the commercial loans heading,
with a 17.9% decline and which basically include
discounted bills; and other term loans, down –9.2%,
and which include consumer finance and corporate
and business lending. However, secured loans
continue to be the item with the greatest weight in the
domestic sector. They have remained at similar levels
to a year ago, at €106 billion (€105 billion as of
31-03-09). The weakness in consumer spending can
also be seen in the 10.5% fall over the year in credit
card debtors, although in the first quarter of 2010
improvements can be seen in both consumer and
mortgage finance. Finally, it is worth pointing out as
regards to the non-performing loans of €11 billion,
that it’s the first time since 2006 that this figure
doesn’t increase compared to the previous quarter.
Non-domestic lending stood at €131 billion on March
31, 2010, a fall of 1.3% on the €133 billion on
31-03-09, although secured loans performed well, with
a rise of 10.8%. This performance is a result of the
European branches and Mexico. In the case of Mexico
there is a time lag before the economic recovery in the
31-03-10 Δ%
31-03-09
31-12-09
206,161 (0.4) 207,036 204,671
22,249 21.9 18,249 20,786
183,913 (2.6) 188,786 183,886
105,573 0.1 105,445 106,294
6,140 (17.9) 7,475 7,062
6,185 (15.9) 7,354 6,547
49,239 (9.2) 54,239 46,407
1,316 (10.5) 1,471 1,839
1,998 (44.8) 3,622 2,296
2,539 10.8 2,292 2,529
10,922 58.5 6,889 10,911
131,407 (1.3) 133,205 127,491
45,143 10.8 40,739 42,280
81,734 (8.3) 89,149 80,986
4,530 36.6 3,317 4,225
337,569 (0.8) 340,241 332,162
(9,053) 19.2 (7,594) (8,720)
328,516 (1.2) 332,647 323,441
country has an impact on banking activity, although
there have already been signs during the quarter of
improved business in credit cards and consumer finance.
CUSTOMER FUNDS
As of March 31, 2010, total customer funds on and
off the balance sheet came to €513 billion, an
increase of 4.1% compared to the €493 billion at the
same date last year.
| 1Q10 |
17
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