Credit growth stays strong in April with 10.9 pct YoY rise, credit to corporations stalls MoM

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 April, rising by 10.9 percent year-on-year (YoY), from 10.3 percent in the previous month, Bank of Greece (BoG) figures released on Friday showed.

The net lending flow was negative by 98 million euros after an inflow of 1.95 billion euros in March, with strong inflows over the last few months.

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