At the same time the year on year percentage increases in new lending have still been dropping since January 2007.
Spain Real Time Data Charts
Edward Hugh is only able to update this blog from time to time, but he does run a lively Twitter account with plenty of Spain related comment. He also maintains a collection of constantly updated Spain charts with short updates on a Storify dedicated page Spain's Economic Recovery - Glass Half Full or Glass Half Empty?
Sunday, June 29, 2008
Spain Bank Lending April 2008
Spanish banks found more money to lend in April, and new lending on the month was up 6.755 billion euros, or a 10.3% year on year rate. This means that the banks have now been accessing new money at a more rapid rate virtually every month since last Decembers dramatic low. Of course what we don't know is how much they are having to pay to obtain this money.
At the same time the year on year percentage increases in new lending have still been dropping since January 2007.
At the same time the year on year percentage increases in new lending have still been dropping since January 2007.
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