Loans to corporations drive credit growth of 5.1 pct YoY in March

EconomyMacroeconomy Tags: BoG, Loans

The pace of credit movement in the Greek private sector increased slightly in March, moving up by 5.1 percent year-on-year (YoY), after a rise of 4.8 percent in February, Bank of Greece (BoG) figures released on Tuesday showed.

Credit expansion slowed down in the months following February 2021, before resuming an upwards trend at the end of 2021. Last December’s growth was the highest since the summer of 2009.

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