Corporate lending drives 10.5 pct YoY rise in credit expansion

EconomyMacroeconomy Tags: BoG, Loans
Photo via https://flic.kr/p/GG7K6F
Photo via https://flic.kr/p/GG7K6F

The credit expansion in the Greek private sector remained strong in February, rising by 10.5 percent year-on-year (YoY), from 10 percent in the previous month, Bank of Greece (BoG) figures released on Thursday showed.

The net lending flow was positive by 1.41 billion euros after a negative movement of 1.67 billion euros in January, with strong inflows over the last few months.

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