This is the fastest rate of credit growth seen since January 2009.
Part 2 - Business credit improves
What about the following forms of business financing, for example?
As for small businesses?
"Crowding out" is hokum and should be banned as a phrase - as and when confidence returns, businesses will find the ways and means with which to expand.
Part 3 - Housing credit
Low interest rates have unsurprisingly continued to support housing credit which will of course lead to 2015 being a positive year for property markets.
In January housing credit expanded at a faster pace than owner-occupier credit once again.