Rate of credit contraction edges up to 1.6 pct in Oct

EconomyMacroeconomy Tags: Banking, BoG, Loans

Greek bank credit contraction accelerated slightly to 1.6 percent in October from 1.5 percent in September, Bank of Greece (BoG) figures showed on Thursday.

The net lending flow remained negative for the fourth straight month, with net deductions rising to 412 million euros in October from 293 million in September. The majority of October loan deductions came from the corporate sector (224 million). Househo...

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.


Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.