{"id":7151,"date":"2018-03-12T18:24:09","date_gmt":"2018-03-12T17:24:09","guid":{"rendered":"https:\/\/lazardfreresgestion-tribune.fr\/?p=7151"},"modified":"2019-04-19T09:08:45","modified_gmt":"2019-04-19T08:08:45","slug":"eurozone-recovery-in-private-sector-lending-continues","status":"publish","type":"post","link":"https:\/\/latribune.lazardfreresgestion.fr\/en\/eurozone-recovery-in-private-sector-lending-continues\/","title":{"rendered":"Eurozone: recovery in private-sector lending continues"},"content":{"rendered":"<h2><b>CHART OF THE WEEK<\/b><\/h2>\n<p>January\u2019s data confirm a recovery in lending to the private sector. \u20ac41 billion in new loans were extended to businesses and households, which is slightly ahead of October 2017 and marks the highest level since 2008. Annual growth in private-sector lending has reached 3.3%, driven equally by household and business demand.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-7152 size-full\" src=\"https:\/\/lazardfreresgestion-tribune.com\/wp-content\/uploads\/2018\/03\/Chartoftheweek-eurozone-annual-growth-in-private-sector-lending.png\" alt=\"private sector lending issue\" width=\"701\" height=\"287\" srcset=\"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2018\/03\/Chartoftheweek-eurozone-annual-growth-in-private-sector-lending.png 701w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2018\/03\/Chartoftheweek-eurozone-annual-growth-in-private-sector-lending-300x123.png 300w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2018\/03\/Chartoftheweek-eurozone-annual-growth-in-private-sector-lending-600x246.png 600w\" sizes=\"auto, (max-width: 701px) 100vw, 701px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2><b>OUR ANALYSIS<\/b><\/h2>\n<p>The improving lending picture has been broad-based across the Eurozone. Only Cyprus and Greece have seen their total outstanding loans contract by over 1% and the pace of credit contraction in Spain has slowed significantly following a drop of over 30% in bank lending. Germany and France are still the main drivers behind the improvement.<\/p>\n<p>The upward trend can be expected to continue, as January\u2019s survey indicates that appetite for credit is increasing and that banks are relaxing lending terms.<\/p>\n<p>These are factors likely to underpin recovery in the Eurozone.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><em>The opinion expressed above is dated 07 March 2018 and is liable to change.<\/em><\/p>\n<p><span style=\"color: #333333; font-family: 'Arial',sans-serif; font-size: 8pt;\">This document is not pre-contractual or contractual in nature. It is provided for information purposes. The analyses and descriptions contained in this document shall not be interpreted as being advice or recommendations on the part of Lazard Fr\u00e8res Gestion SAS. This document does not constitute an offer or invitation to purchase or sell, nor an encouragement to invest. This document is the intellectual property of Lazard Fr\u00e8res Gestion SAS.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHART OF THE WEEK January\u2019s data confirm a recovery in lending to the private sector. \u20ac41 billion in new loans&hellip; <\/p>\n","protected":false},"author":101016,"featured_media":7120,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[148],"tags":[],"class_list":["post-7151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chart-of-the-week"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eurozone: recovery in private-sector lending continues &#8211; Tribune Lazard Fr\u00e8res Gestion<\/title>\n<meta name=\"description\" content=\"Eurozone: recovery in private-sector lending continues Chart of the week Tribune Lazard Fr\u00e8res Gestion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latribune.lazardfreresgestion.fr\/en\/eurozone-recovery-in-private-sector-lending-continues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eurozone: recovery in private-sector lending continues &#8211; 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