Credit to the private sector: 2014 closes with growth of 8.2%; housing and corporate credit continue to make progress
Published on Tuesday, February 3, 2015
Credit to the private sector: 2014 closes with growth of 8.2%; housing and corporate credit continue to make progress
In December 2014, credit granted by commercial banks to the private sector posted nominal annual (YoY) growth of 8.2% (4.0% in real terms), higher than in November 2014 (7.9%) although less than at the end of the previous year (9.5%). Thus, in 2014, credit granted to the private sector recorded an average YoY growth rate of 8.4%, less than the 10.6% average for 2013