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07-30-2010
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Senior Member
Join Date: Dec 2006
Posts: 33,028
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Bank lending to business falls further, homeowners keep reducing debt
Credit growth slipped into negative territory last month, led by a continuing contraction in bank lending to the business sector.Businesses owed their banks $72.8 billion, down $400 million or 0.5 per cent on May and down $6 billion...
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