Lending to non-bank borrowers in the eurozone grew on an annualised basis in the third quarter of last year for the first time since early 2016. Over the same period creditors closed their wallets to firms in other countries.
Figures from the latest global liquidity indicators, published by the Bank for International Settlements (BIS), show cross-border loans to euro area corporates and households increased by 0.9% on an annual basis at end-September, reversing a –3.2% contraction reported at
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