Eurozone and UK Lending Gains Momentum Following Interest Rate Cuts, According to Fitch Ratings
Cătălin Roșioru
Fitch Ratings reports that bank lending in both the eurozone and the United Kingdom is showing signs of acceleration following recent interest rate reductions, which have begun to stimulate economic activity. Mortgage lending is emerging as the main driver of household credit growth, particularly in Spain, while corporate lending is gaining traction in France, Spain, and the UK, with overall corporate credit growth in the latter reaching 6%. The European Central Bank’s latest survey of loan
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