This trimester, the total amount of loans that banks have issued to individuals and businesses is 120 million EUR higher than the same period of one year ago.
This is the first time in three years that that the loan keeps increasing for three months, finally showing some signs of revival after a long stalemate.
The Euro-Lek course has been stable and the growth in the loaning sector has come by new investments in the private sector
This growth has affected every segment, especially bigger businesses and middle ones.
Since 2012, the lack of loans has been one of the main obstacles for the economic growth, with businesses hesitating to invest in new projects. Banks have also been very careful before giving loans, scared by bad loans as well.
The recent growth is a ray of hope for breaking this negative cycle.
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