Tag Archives: euro area credit growth

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...

The euro area M3 and credit report strengthened in December after a few months of weakness. However, the latest Bank Lending Survey signalled more modest gains in credit flows in the months ahead.Euro area credit flows to non-financial corporations increased again in December, by EUR13 bn in adjusted terms. The large rebound in long-terms loans, in particular, bodes well for business investment spending.With loans to households still expanding at a healthy pace (+EUR9 bn in December), the...