Eurozone bank lending increased at a faster pace in June despite trade tariff concerns weighing on economic growth, data from the European Central Bank showed Friday.
Adjusted loans to the private sector logged an increase of 3.0 percent in June, faster than the 2.8 percent rise in May. Among the borrowing sectors, annual growth in adjusted loans to households rose to 2.2 percent from 2.0 percent in May. Likewise, increase in loans to non-financial corporations accelerated to 2.7 percent from 2.5 percent.
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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.