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Bank lending in G7 stangates
1 August 2014
UHY Press release
Lending to key emerging economies still soaring
Smaller businesses hardest hit by “hidden credit crunch”
Bank lending to the private sector in the G7 group of economies has stagnated in the last year, increasing by just 0.1% in real terms, according to a new study by UHY, the international accountancy network. UHY warns that the figures show that for small businesses in particular, the credit crunch lingers on.
