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Δελτία Τύπου

Bank credit to the domestic private sector, September 2013

25/10/2013 - Δελτία Τύπου

The annual growth rate of total credit extended to the domestic private sector, in September 2013, stood at -3.9%, unchanged from the previous month. The net flow of total credit to the domestic private sector was negative, amounting to EUR 568 million (September 2012: negative net flow of EUR 468 million).

Credit to enterprises

The net flow of credit to enterprises, in September 2013, was negative, amounting to EUR 260 million (September 2012: negative net flow of EUR 158 million), and the annual growth rate of credit stood at -4.7%, compared with -4.5% in the previous month. In particular, the annual growth rate of credit to non-financial corporations stood at -4.1%, compared with -3.9% in the previous month, while the net flow of credit to non-financial corporations was negative and equal to EUR 232 million (September 2012: negative net flow of EUR 111 million). The annual growth rate of credit to insurance corporations and other financial intermediaries stood at -13.3% in September 2013, compared with -13.4% in August 2013.

Credit to sole proprietors and unincorporated partnerships

The net flow of credit to sole proprietors and unincorporated partnerships was negative, amounting to EUR 5 million, in September 2013, (September 2012: positive net flow of EUR 2 million) and its annual rate of change stood at -0.9%, compared with -0.8% in the previous month.

Credit to individuals and private non-profit institutions

In September 2013, the net flow of credit to individuals and private non-profit institutions was negative, amounting to EUR 303 million, (September 2012: negative net flow of EUR 312 million) and its annual growth rate stood at -3.6%, unchanged from the previous month.

Related link: Bank credit to the domestic private sector, September 2013 - Table

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