Credit growth edges up to 1.1 pct in Nov

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

Credit movement in the Greek private sector increased by 1.1 percent year-on-year (YoY) in November, from a rise of 0.9 percent in October and 0.8 percent in September, Bank of Greece (BoG) figures released on Wednesday showed.

The growth in credit expansion has remained broadly stable after reaching a peak of 3.7 pct growth in February this year.

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