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News from 2022-08-02 / KfW Research
KfW Credit Market Outlook July 2022
Credit market is reacting to interest turnaround
KfW Research has calculated that new lending to enterprises and self-employed persons took another leap in the first quarter. New bank loans grew by 15.5% on the first quarter of last year. The strong credit growth is mainly attributable to short-term financing requirements to build up larger inventories as buffers for disrupted supply chains and the drive to secure interest rates against the background of monetary tightening.
