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Eurozone Bank Lending To Businesses Rise Most Since 2009

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Eurozone bank lending to businesses increased in September at the fastest pace since early 2009, data published by the European Central Bank showed on Wednesday.

Loans to businesses grew at a pace of 8.9 percent annually, slightly faster than August's 8.8 percent rise. This was the biggest increase since January 2009, when lending grew 9.2 percent.

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