Slovenia's lending activity continued to decline in July. Following the slowdown in corporate and NFI borrowing recorded already at the beginning of the year, household borrowing also started to moderate somewhat faster over the last few months. Growth in the total volume of loans did not exceed 2% for the sixth month in a row. Following relatively strong growth in June, corporate and NFI borrowing moderated somewhat again in July. Banks' borrowing abroad moderated significantly in July, after recording a high figure in June. Monthly growth of the volume of household loans strengthened somewhat in July, but the y-o-y growth rate continues to decline and was at its lowest since comparable data have been available.