ECB: Euro zone corporate lending growth hits post-crisis high - RTRS

Dhwani Mehta FXStreet

According to the fresh data from the European Central Bank (ECB) showed released on Monday, Eurozone private sector lending set a fresh post-crisis high in April, even as a key money supply indicator dipped more than expected, Reuters reports.

Eurozone corporate lending grew by 2.4% in April, just above the previous month's 2.3% but the highest rate since mid-2009. Meanwhile, Lending to households grew by 2.4% in April, the same level as a month earlier, when it hit its highest level since early 2009.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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