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Athens Macedonian News Agency: News in English, 16-03-29
CONTENTS
[01] Bank credit to the domestic private sector in February 2016
[01] Bank credit to the domestic private sector in February 2016
In February 2016, the annual growth rate of total credit extended to
the domestic private sector stood at -2.3% from -2.1% in the previous
month. The monthly net flow of total credit to the domestic private
sector was negative at 295 million euros, compared with a negative net
flow of €504 million in the previous month.
In February 2016, the monthly net flow of credit to corporations was
negative at 48 million euros, compared with a negative net flow of 205
million euros in the previous month, while the annual growth rate of
credit stood at -1.9%, against -1.4% in the previous month. In particular,
the annual growth rate of credit to non-financial corporations remained
at -1.6%, unchanged from the previous month, and the monthly net flow of
credit to non-financial corporations was negative at 49 million euros,
against a negative net flow of € 14 million euros in the previous
month. The annual growth rate of credit to insurance corporations and
other financial intermediaries stood at -6.1% in February 2016, from
1.3% in the previous month, while the monthly net flow of credit was
positive at 1 million euros, compared with a negative net flow of 191
million euros in the previous month.
The monthly net flow of credit to sole proprietors and unincorporated
partnerships was negative at 20 million euros, compared with a negative
net flow of 12 million euros in the previous month, while its annual
growth rate stood at -1.0% from -1.2% in January 2016.
The monthly net flow of credit to individuals and private non-profit
institutions was negative at 226 million euros, compared with a negative
net flow of 287 million euros in the previous month, and its annual
growth rate stood at -2.9%, from -3.0% in the previous month.
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