Euro zone business lending slows slightly in August
Data from the European Central Bank shows lending growth to euro zone businesses slowed slightly to 4.2 percent in August. Meanwhile, household loan growth held steady at 3.1 percent.
Lending growth to euro zone businesses cooled to 4.2% in August from 4.4% the previous month, according to ECB data released on Friday morning. The slight deceleration follows near peak levels reached in mid-2023. Investors are monitoring credit conditions as borrowing costs influence corporate expansion across the region.
