26533
Lending Growth
World Economy

Lending Growth

Lending to eurozone households and corporations picked up slightly in August but a broader measure of money circulating in the eurozone dropped, European Central Bank data showed on Friday, Reuters reported. Lending growth to households incresed to 1% in August from 0.9% a month earlier while lending growth to non-financial corporations rose to 0.4% in August from 0.3% in July, the ECB said. Sparse lending to companies had dogged the struggling eurozone economy although the picture has been improving since late 2014 and policy setters said the bloc is recovering, albeit slowly. Although more recent figures indicated a solid pick up in lending, the ECB earlier this month said it revised its lending data down based on a new methodology. Indeed, July household lending growth was originally reported at 1.9% before a cut back to 0.95 while non-financial corporate lending was originally seen growing at 0.9% before a cut to 0.3%.

Short URL : https://goo.gl/IRGd1R
  1. https://goo.gl/DPqXBl
  • https://goo.gl/A4DVTs

You can also read ...

In South America, soybean farming has been a major driver of deforestation across the region including in the Amazon rainforest.
Officials from around the world came together to create and...
Central Asia Trio Test Investor Conviction
Central Asian financial markets lacked clear direction after a...
China has announced plans to gradually remove foreign ownership caps for limits for car, ship and aircraft makers.
US Treasury Secretary Steven Mnuchin said he’s considering a...
the 2018 forecast remains lower than all but five of 38 predictions  from economists surveyed by Bloomberg.
With Brazilian economists cutting their growth forecasts for...
Int’l Community Backs Afghan Reforms
Major economic powers and international institutions have...
Taiwan FDI Increases
According to the statistics of the investment commission of...
Spaniards Now Richer Than Italians
Spaniards have overtaken the Italians and become richer...
Pak Trade Deficit to Widen
Pakistan’s trade deficit is likely to swell to record $36...

Trending

Googleplus