Lending rates for companies and households rose in March but money supply M3 slowed in the euro zone, data from the European Central Bank showed on Monday.
The ECB said in a regular monthly statement that non-financial lending rose by 3.3 percent in March after being revised to 3.2 percent, while lending to households rose 3.0 percent from 2.9 percent previously. Overall, however, lending rates are still much lower than in the pre-crisis years, which make it more likely that the banking sector is still far from healthy.
On the other hand, the money supply M3 recorded 3.7% in the eurozone, down from 4.1% in February and below expectations of 4.1%.
