Credit to the private sector: moderate growth of 8.6% in June
Published on Monday, August 4, 2014 | Updated on Thursday, August 7, 2014
Credit to the private sector: moderate growth of 8.6% in June
In June 2014 credit granted by commercial banks to the private sector posted a nominal annual growth of 8.6% . This growth was lower than in May 2014 (9.3%) and June 2013 (10.3%). On average, over the first half of the year, credit granted to the private sector increased 8.8%, less than the average for the first half of 2013 (11.4%)