Credit contraction accelerates to 2.3 pct in Feb, loan deductions of almost 400 mln

EconomyMacroeconomy Tags: Banking, BoG, Loans

Greek bank credit contraction accelerated for the second successive month in February to 2.3 percent from 2.1 percent in January, Bank of Greece (BoG) figures showed on Tuesday.

Housing loans fell to 66.84 billion euros on net deductions of 203 million remaining above the 200-million-euro mark for the second straight month.

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 four 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.

€450.00

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.