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Corporate lending slows down, retail lending drops

Autor: half
ZAGREB, Sept 24 (Hina) - The year-on-year growth of corporate lending slowed down from 4.9 per cent in June to 4.3% in July, excluding loans to shipyards and exchange rate changes, while the year-on-year decline in retail lending at the end of July was 1.6%, excluding the exchange rate impact, the Croatian National Bank said in its latest bulletin on Monday.

Lending to the state continued to increase in June and July. It went up by HRK 1.7 billion net in June and down by nearly the same amount in July. Year-on-year, net lending to the state went up to 48.3% at the end of July.

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