Bank credit to the domestic private sector: November 2013
03/01/2014 - Press Releases
The annual growth rate of total credit extended to the domestic private sector, in November 2013, stood at -3.8%, from -3.9% in the previous month. The net flow of total credit to the domestic private sector was negative, amounting to EUR 510 million (November 2012: negative net flow of EUR 722 million).
Credit to corporations
The net flow of credit to corporations, in November 2013, was negative, amounting to EUR 203 million (November 2012: negative net flow of EUR 343 million), and the annual growth rate of credit stood at -4.7%, compared with -4.8% in the previous month. In particular, the annual growth rate of credit to non-financial corporations stood at -4.6%, compared with -4.5% in the previous month, while the net flow of credit to non-financial corporations was negative and equal to EUR 299 million (November 2012: negative net flow of EUR 236 million). The annual growth rate of credit to insurance corporations and other financial intermediaries stood at -6.4% in November 2013, compared with -9.3% in October 2013.
Credit to sole proprietors and unincorporated partnerships
The net flow of credit to sole proprietors and unincorporated partnerships was negative, amounting to EUR 13 million in November 2013 (November 2012: negative net flow of EUR 12 million) and its annual growth rate stood at 0.0%, unchanged from the previous month.
Credit to individuals and private non-profit institutions
In November 2013, the net flow of credit to individuals and private non-profit institutions was negative, amounting to EUR 294 million, (November 2012: negative net flow of EUR 368 million) and its annual growth rate stood at -3.5%, unchanged from the previous month.
Related link: Bank credit to the domestic private sector: November 2013 - Table