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In the third quarter of 2009 the absence of inflationary risks and the relatively benign investor sentiment appeared to open the way for further reductions in interest rates by the NBH.
Growth will remain subdued, reflecting the slow pace of recovery in the eurozone and the likelihood of a further retrenchment in credit to the private sector.
More developments and challenges
|
No. of projects |
164 |
|---|---|
|
Net business volume |
€2,638.9 million |
|
Total project value |
€9,900.9 million |
|
Gross disbursements |
€2,057.3 million |
|
Portfolio in private sector |
98% |

The Bank will support the involvement of the private sector in the provision of public services. And it will promote investments in the diversification of energy supply, in energy efficiency and renewable energy to enhance energy security, reduce energy intensity and meet environmental targets.
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