Total credit in Greece’s banking system contracted 0.9 percent year-on-year in September after a 0.7 percent drop in the previous month, Bank of Greece data showed on Tuesday, according to Reuters.
Credit extended to the government fell 3.1 percent after decreasing by 4.4 percent in August, the central bank announced.
Lending to businesses and households shrank 0.5 percent following a 0.1 percent drop in the previous month.
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