Sentence examples for credit grows from inspiring English sources

In 2007 Dick Fuld, the former head of Lehman Brothers, observed that whereas credit grows arithmetically, it shrinks geometrically.

The scandal has underscored how South American countries — including Chile and Brazil, two of the region's healthiest economies — are going through growing pains as the use of credit grows.

At leverage of 15 times equity the reduced level at which investment banks now typically operate large parts of the fixed-income business fail to cover their cost of capital, reckons Brad Hintz, an analyst with Alliance Bernstein.Rising interest rates will provide further drag and probably ensure that credit grows more slowly than the economy for some years.

And if credit grows too quickly for too long the system tends to explode, as America and some other Western countries have found.In central and eastern Europe too, where loans rose at twice the rate of nominal GDP between 2000 and 2007, they hit a brick wall in 2008 as overextended banks ran out of funding and bad debts mounted.

Such inventiveness has helped consumer credit grow quickly.

In Asia, demand for credit grew, nudging the volume of loans up 10 percent for the quarter.

The Bank said consumer credit grew by £1.837bn, up from £1.599bn in May.

The last time consumer credit grew at a faster annual pace was in February 2006, long before the credit crunch.

In January, consumer credit grew at the slowest pace in over a year, according to recent data from the Federal Reserve.

Consumer credit grew by £457 million in October, halving from a £1.1 billion rise the previous month.

The Bank said consumer credit grew by £1.173bn in July, down slightly from a £1.23bn rise in June.