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Eurozone loans grow at 0.6% year-on-year over last 12 months

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Posted By: The Corner 20th October 2023

Morgan Stanley analysts explain that Eurozone loan growth is already lower than in the UK or the US (0.6% year-on-year vs. 5% in the US and 1% in the UK) and that they expect loan demand to remain weak in the third quarter. Therefore, they expect European banks’ loan growth under coverage of 1-2% 2023 and 3% in 2024/25.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.