Slovenia: Corporate Lending Falls Considerably

Politics ♦ Published: January 30, 2013; 16:16 ♦ (Vindobona)

Due to the difficulties in the Slovenian banking sector, the real economy suffers from a credit crunch.

Slovenia: Corporate Lending Falls Considerably / Picture: © Vindobona.org

Slovenia´s National Bank has already appealed on the banking sector to support the real economy and the stop the credit crunch. In order to overcome the economic crisis, the banking sector must expand lending, the National Bank stressed. In 2012, the volume of corporate loans fell by 11%. Consumer loans were down by 2%. According to the National Bank, the banking sector may lower the…