Credit growth slows to 3.9 pct in Apr, flow negative at 789 mln

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

The pace of credit movement in the Greek private sector slowed in April, moving up by 3.9 percent year-on-year (YoY), after a rise of 5.2 percent in March, 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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