Euro zone corporate lending, money supply expand in Jan

February 25, 2016 9:12 AM

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FRANKFURT Feb 25 Lending to euro zone companies picked up in January while a broader indicator of money circulating expanded faster than expected, the European Central Bank said on Thursday.

Lending growth to corporations picked up to 0.6 percent from 0.1 percent a month earlier, extending a modest and uneven recovery that started in 2014. Household lending growth held steady at 1.4 percent.

Also read: Sales of new homes rose 3.1 percent in September

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