Lending to Eurozone households and non-financial corporates grew at a faster pace in August as declining interest rates supported demand, data from the European Central Bank showed Thursday.
Annual growth in adjusted loans to households rose to 2.5 percent from 2.4 percent in July. This was the strongest growth since March 2023.
At the same time, growth in loans to non-financial corporations hit the highest since June 2023. Loan growth increased to 3.0 percent from 2.8 percent in July.
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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.