Eurozone household lending rose by 3% year-on-year in April, while corporate lending accelerated to 3.4%.
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⑴ In April, loans from banks to the household sector in the Eurozone increased by 3% year-on-year to 719.4 billion euros, in line with expectations. ⑵ Loans to enterprises rose from 3.2% to 3.4%. ⑶ Overall, total credit growth in April for the private sector, covering households and non-financial enterprises, was 3.5%, the same as the previous month.
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