Eurozone corporate lending growth slows as borrowing costs start to bite

Adjusted loans to non-financial corporations rose 4.2% year-on-year in August, down from 4.4% in July, while the monthly flow of new corporate lending slowed sharply to €11bn from €22bn. Lending to households grew 3.1% annually, unchanged from July, with a monthly flow of €19bn.The figures pre-date…