Eurozone Corporate Lending Growth Hits Three-Year High at 4.0% in May

According to Jin10, the European Central Bank disclosed on June 29 that eurozone corporate lending growth reached a three-year high in May, rising from 3.4% year-over-year in April to 4.0%. Household lending growth also increased slightly to 3.1% from 3.0%, while broad money supply (M3) accelerated to 3.2% from 2.7%, continuing the region's steady credit recovery trend.
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