Growth in business loans fell from 8.9% in October to 8.4% in November.
There was a slight slowdown in loans to households, to 4.1%, after 4.2% in the previous month.
There was also a sharp decline in the monthly flow of loans to businesses which stood at -1 billion euros, against the 24 billion euros in October.
The annual growth rate of the M3 money supply, which reflects liquidity circulating in the euro zone economy, slowed to 4.8% from 5.1%, a figure lower than market expectations as the Reuters consensus gave at 5%.
(Balazs Koranyi; French version Lina Golovnya)
