Credit contraction slows again in Nov, falling to 1.3 pct on additions of 62 mln

EconomyMacroeconomy Tags: Banking, BoG, Loans, NPLs
Photo via Flickr
Photo via Flickr

The rate of credit contraction in the Greek market decelerated to 1.3 percent in November from 1.6 percent in October, Bank of Greece (BoG) figures showed on Thursday.

The November headline figure is the lowest contraction rate since July 2011.

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