MILAN, Jan 13 Reuters Italian residents39; deposits with domestic banks rose for the sixth month in a row in November and at a faster pace, while bank lending to businesses fell for the 22nd consecutive month, the Bank of Italy said on Monday.

Residents39; deposits with domestic banks increased 4.4 yearonyear in November after rising 2.5 in October, the central bank data showed.

Bank loans to businesses fell 3.6 yearonyear, the central bank said, after a 3.1 decline in October.

Banks increased their bond issuance but less than in the previous month, the data also showed, with sales up 7.2 yearonyear in November after a 9.6 rise in October, slightly revised.

Reporting by Sara Rossi, editing by Cristina Carlevaro

Source Reuters