Press Releases

Bank credit to the domestic private sector - June 2011

04/08/2011 - Press Releases

The annual growth rate of total credit granted to the domestic private sector stood at -1.2% in June 2011, compared with -1.1% in May 2011 and 0.0% in December 2010. The net flow of total credit to the domestic private sector was positive amounting to EUR 407 million (June 2010: positive net flow of EUR 757 million).

Credit to enterprises

The net flow of credit to enterprises in June 2011 was positive, amounting to EUR 666 million (June 2010: positive net flow of EUR 775 million) and the annual growth rate of credit stood at 0.2% compared with 0.3% in May 2011 (December 2010: 1.1%).

Credit to sole proprietors and unincorporated partnerships

The net flow of credit to sole proprietors and unincorporated partnerships was negative, amounting to EUR -10 million in June 2011, and the annual rate of change of credit decreased in comparison with the previous month (June 2011: -3.4%, May 2011: -3.2%, December 2010: 0.3%).

Credit to individuals and private non-profit institutions

In June 2011, the net flow of credit to individuals and private non-profit institutions was negative, amounting to EUR -249 million (June 2010: EUR -18 million). As a result, the annual growth rate of credit to individuals and private non-profit institutions slightly decreased further (June 2011: -2.5%, May 2011: -2.3%, December 2010: -1.2%).

Related Link: Bank credit to the domestic private sector - June 2011 - Table

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