Published by Global Banking & Finance Review®
Posted on February 27, 2025
1 min readLast updated: January 25, 2026
Add as preferred source on GoogleEuro zone lending growth accelerated due to rate cuts, with business credit up 2.0% and household lending at a year-high.
FRANKFURT (Reuters) - Lending growth in the 20-nation euro zone accelerated last month, suggesting that a string of interest rate cuts have started to transmit through to the real economy, European Central Bank data showed on Thursday.
Credit to businesses expanded by 2.0% in January, the highest rate since July 2023, and above the 1.7% recorded in December. Household lending meanwhile grew by 1.3% after 1.1% a month earlier to hit its best rate in a year and a half.
The more volatile M3 measure of money circulating in the economy, sometimes an indicator of future economic growth, expanded by 3.6%, just short of expectations for 3.8% in a Reuters poll.
(Reporting by Balazs Koranyi; Editing by Alexandra Hudson)
Lending growth in the euro zone accelerated to 2.0% in January, the highest rate since July 2023.
Household lending grew by 1.3% in January, up from 1.1% in December.
The M3 measure of money circulating in the economy expanded by 3.6%, which is sometimes an indicator of future economic growth.
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