A Bank Sector Credit Growth Update Today, in Charts:
• Bank Credit growth near 10 year lows
• Personal loans grow fastest in five years
• Industrial credit tanks!
• Housing Bubble Shows Slowdown Signs But Still Most Favoured Sector for Bank Lending
• Wholesale Trade Lending has Contracted, Again
• Our View on this Data
Lots of charts as usual. (And warning: Long post!)
Bank Credit Growth Slows to Near 10 Year Lows
Total Bank Credit for . . .