Bank credit to the domestic private sector: January 2015
26/02/2015 - Press Releases
In January 2015, the annual growth rate of total credit extended to the domestic private sector stood at -2.9% from -3.1% in the previous month. The monthly net flow of total credit to the domestic private sector was negative, at €95 million (January 2014: negative net flow of €576 million).
Credit to corporations
The monthly net flow of credit to corporations in January 2015 was positive, at €328 million (January 2014: negative net flow of €268 million), and the annual growth rate of credit stood at -3.1%, from -3.7% in the previous month. In particular, the annual growth rate of credit to non-financial corporations stood at -2.7% from -3.3% in the previous month, while the monthly net flow of credit to non-financial corporations was positive, at €402 million (January 2014: negative net flow of €153 million). The annual growth rate of credit to insurance corporations and other financial intermediaries stood at -7.9% in January 2015, from -8.8% in the previous month.
Credit to sole proprietors and unincorporated partnerships
The monthly net flow of credit to sole proprietors and unincorporated partnerships was negative, at €3 million in January 2015 (against a negative net flow of €2 million in January 2014), while its annual growth rate stood at -0.3%, unchanged from the previous month.
Credit to individuals and private non-profit institutions
In January 2015, the monthly net flow of credit to individuals and private non-profit institutions was negative, at €420 million (January 2014: negative net flow of €306 million), while its annual growth rate stood at -3.0%, from -2.9% in the previous month.
Related link: Bank credit to the domestic private sector: January 2015 - Table