Euro-Area Bank Lending Grows at Fastest Pace Since February 2012
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Euro-area banks expanded lending at the fastest pace in more than three years in a sign that credit is starting to support the region’s recovery.
Bank loans to companies and households increased 0.5 percent in May from a year earlier, the most since February 2012, European Central Bank data showed on Friday. Loans posted annual declines every month from May 2012 until February 2015.