Tag Archives: euro area bank loans

Financial conditions remain supportive and are not expected to tighten much in the coming months. Lending to non-financial corporations in the euro grew by an annual 4.2% in August, its fastest rate since April 2009. Forward-looking indicators suggest that euro area credit growth should remain strong over the coming months. Overall, domestic demand is likely to continue to be the main driver of growth in the euro area,...

Financial conditions remain supportive and are not expected to tighten much in the coming months.Lending to non-financial corporations in the euro grew by an annual 4.2% in August, its fastest rate since April 2009. Forward-looking indicators suggest that euro area credit growth should remain strong over the coming months.Overall, domestic demand is likely to continue to be the main driver of growth in the euro area, helping to mitigate external weakness. Strong job growth combined with...