Bank credit to the domestic private sector: September 2015
27/10/2015 - Press Releases
In September 2015, the annual growth rate of total credit extended to the domestic private sector stood at -1.5%, after -1.6% in the previous month. The monthly net flow of total credit to the domestic private sector was negative at €293 million, compared with a negative net flow of €710 million in the previous month.
Credit to corporations
In September 2015, the monthly net flow of credit to corporations was negative at €51 million, compared with a negative net flow of €422 million in the previous month, while the annual growth rate of credit stood at 0.0%, against -0.2% in the previous month. In particular, the annual growth rate of credit to non-financial corporations stood at -1.2% in September 2015, from -1.4% in August 2015, while the monthly net flow of credit to non-financial corporations was negative at €116 million, against a negative net flow of €427 million in the previous month. The annual growth rate of credit to insurance corporations and other financial intermediaries stood at 19.3% in September 2015, from 18.0% in the previous month, and the monthly net flow of credit was positive at €66 million, compared with a positive net flow of €4 million in the previous month.
Credit to sole proprietors and unincorporated partnerships
In September 2015, the monthly net flow of credit to sole proprietors and unincorporated partnerships was negative at €5 million, compared with a negative net flow of €20 million in the previous month, while its annual growth rate stood at -1.1%, against -0.6% in the previous month.
Credit to individuals and private non-profit institutions
In September 2015, the monthly net flow of credit to individuals and private non-profit institutions was negative at €237 million, compared with a negative net flow of €267 million in the previous month, and its annual growth rate rate stood at -3.2%, after -3.1% in the previous month.
Related link: Bank credit to the domestic private sector: September 2015 - Table