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Monetary and credit developments in 2012 - Credit distribution grew more quickly in France than in the euro area

Author

Listed:
  • K. Masselier.

Abstract

The euro area monetary aggregate M3, driven by overnight deposits,rose by 3.3% in 2012. The French contribution to M3 stood at 2.4%,underpinned by the sharp increase in passbooks. rowth in lending to the non-financial private sector slowed down in both France and the euro area.

Suggested Citation

  • K. Masselier., 2013. "Monetary and credit developments in 2012 - Credit distribution grew more quickly in France than in the euro area," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 29, pages 5-21, Spring.
    • Handle: RePEc:bfr:quarte:2013:29:01
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    File URL: https://publications.banque-france.fr/sites/default/files/medias/documents/quarterly-selection-of-articles_29_2013-spring.pdf
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    More about this item

    Keywords

    money; home loans; business lending.;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers

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