Euro zone lending slows again in Feb, ECB says

Euro zone lending slows again in Feb, ECB says

FRANKFURT – Bank lending to euro zone companies slowed for the fourth straight month as an economic downturn and increased caution from lenders appear to be taking their toll, European Central Bank data showed on Monday. Lending to businesses in the 20 nation currency bloc expanded by 5.7 percent in February after a 6.1-percent rise […] The post Euro zone lending slows again in Feb, ECB says appeared first on Inquirer Business.

Euro zone lending slows again in February

Bank lending to euro zone companies slowed for the fourth month in a row as an economic downturn and increased caution from lenders appear to be taking their toll, European Central Bank data showed today.

Euro zone lending slows again in Feb, ECB says

FRANKFURT - Bank lending to euro zone companies slowed for the fourth straight month as an economic downturn and increased caution from lenders appear to be taking their toll, European Central Bank data showed on Monday. Lending to businesses in the 20 nation currency bloc expanded by 5.7% in February after a 6.1% rise a month earlier while household credit growth slowed to 3.2% from