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July Brought 1.1% Greek Credit Enlargement

Greece's total credit concerning its banking mechanism increased by 1.1% in July, in comparison to the same time period last year.

This June marked a 1.3% enlargement, compared to May, as revealed by the National Bank of Greece (NBG) in an analysis.

Credit protracted to the Hellenic government swelled by 19.7%, after enlarging by 22.8% in June, according to NBG. June experienced a 1.7% dip in private and personal loans, while July held a 1.5% fall.

(Source: Reuters)