Home » today » Business » Cooperative banks are also expanding loans in the second corona year Cooperative banks are also expanding loans in the second corona year January 3, 2022 by world today news – Volksbank According to preliminary figures, the institutes expanded their lending business in 2021 compared to the previous year by almost seven percent to 710 billion euros, as the Federal Association of German Volksbanks and Raiffeisenbanks (BVR) announced on Monday in Berlin. – (Photo: dpa) – – – – Frankfurt The German cooperative banks extended more loans to the economy in the second corona year. According to preliminary figures, the institutes expanded their lending business in 2021 compared to the previous year by almost seven percent to 710 billion euros, as the Federal Association of German Volksbanks and Raiffeisenbanks (BVR) announced on Monday in Berlin. In business with private customers, the plus is a good six percent, with corporate customers and other customers a little more than seven percent. The financial institutions had also increased their lending in the first corona year. “Especially the middle class has proven to be robust in the corona crisis and as the engine of the incipient economic recovery phase,” explained BVR President Marija Kolak. Despite the ongoing uncertainties about the further development of the pandemic, the credit risks are still assessed as low and easily manageable. – . Related posts:Fouad Yazourh calls for the opening of a transparent investigationA large number of Britons vaccinated against Covid-19 experience one common symptom when they become...Greece is building a $180 million solar megaproject with its Recovery PlanThe Great Wall fights!Haval H6 DHT-PHEV limited-time discount of 15,000 yuan: only 144,800Share this:FacebookX Related Bicycle Showband Crescendo Opened start of anniversary year with new logo With “Adler Eddie” in New York Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: