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Bank lending down 5.7% in March y-o-y

Author: Vojo Micak

ZAGREB, May 5 (Hina) - Bank lending continued to fall in March 2016, contracting by 5.7% compared with March 2015, as a result of a partial write-off of loans indexed to the Swiss franc, further household deleveraging and weaker corporate demand on the domestic market, Raiffeisenbank Austria (RBA) says.

(Hina) vm

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