Euro Credit Accelerates While U.S. Dollar Credit Slows


Credit to non-bank borrowers, especially those in emerging and developing economies, continues a five-year trend of divergence between Euro and U.S. dollar credit extension.   BIS global liquidity indicators at end-September 2018 released today by The Bank for International Settlements showed that after slowing in the first half of 2018, Euro-denominated credit to non-bank borrowers outside the euro area rose by 9% year on year.

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