FX.co ★ Eurozone Credit Growth Accelerates in April

In April 2025, bank lending to households within the Eurozone experienced a 1.9% year-on-year increase, reaching EUR 6.99 trillion. This represents the most rapid growth since May 2023 and surpassed the expected market forecast of a 1.8% rise. This resurgence is attributed to an ongoing increase in credit demand, bolstered by the European Central Bank's recent easing of monetary policies. Meanwhile, lending to businesses also accelerated, rising by 2.6%—the highest rate since June 2023. Consequently, the overall credit growth to the private sector, encompassing both households and non-financial corporations, surged by 2.7%, marking the most robust growth since May 2023.