Eurozone bank lending to the private sector registered a slower growth in February reflecting weak credit demand amid higher interest rates and subdued economic activity, data from the European Central Bank revealed Monday.
The annual growth rate of credit to the private sector slowed to 3.3 percent in February, the slowest since August 2021, from 3.8 percent in January.
At the same time, adjusted loans to the private sector posted an annual growth of 4.3 percent, which was also weaker than prior month's 4.9 percent rise. Adjusted loans marked its weakest rise since December 2021.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.