Lending to private sector increased in April

Note: This section contains information in English only.
Source: Marketwatch
Bank lending to private sector in Europe increased by EUR 10b in April after a EUR 8b drop in march. It is seen as a direct impact of cheap loans provided by ECB to commercial banks. Bank lending to national governments, on the other hand, decreased by EUR 6b after a EUR 34b increase in April. Specialists state that this indicates that banks are turning away from high yielding government bonds and using ECB money to stimulate private sector in Europe.
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