Credit contraction decelerates to 0.9 pct in April, net additions climb to 659 mln

EconomyMacroeconomy Tags: Banking, BoG, Loans, NPLs
Photo by Panayotis Tzamaros/Fosphotos
Photo by Panayotis Tzamaros/Fosphotos

The pace of credit contraction in the Greek market further slowed to 0.9 percent in April from 1.3 percent in the previous month, Bank of Greece (BoG) figures showed on Monday.

The headline figure is the lowest rate of decline since April 2011.

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