private credit
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ZF English
Private credit remains frozen in March
Private credit continued to contract in March, even seeing a record decline for the last few years, by one billion euros or 2.6%, while clients left without liquidity started to dip into their savings.
ZF English
Lending rise halves
Overall private credit rose by just 25.8% in 2008 in real terms, half the rise recorded in 2007, when it had leapt by over 50%, as a result of the sudden decline of the last two months.