Credit growth in August up by 1.9 pct

EconomyMacroeconomy Tags: Banking, BoG
Photo by MacroPolis
Photo by MacroPolis

Credit movement in the Greek private sector rose by 1.9  percent in August after an increase of 1.5 percent in July, Bank of Greece (BoG) figures showed on Friday.

The corporate lending balance's net monthly flow was positive with inflows of 324 million euros, compared to inflows of 1.12 billion euros in July. This took the balance to 73.77 billion euros.

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