Euro zone banks see rising credit demand, easing standards in Q4
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[FRANKFURT] Banks in the euro zone expect an increases in net demand for housing loans, consumer credit and loans to enterprises in the fourth quarter, the European Central Bank said in a survey of the bloc's banks, published on Monday ahead of schedule.
Credit standards or internal guidelines for loan approval criteria are expected to be broadly unchanged for loans to enterprises in the fourth quarter while lenders expect an easing of credit standards for housing loans and consumer credit, the ECB said.
The ECB's report, dated Oct 23, and was expected to be published at 0800 GMT on Tuesday.
REUTERS
Share with us your feedback on BT's products and services
TRENDING NOW
Vietnam acts fast to shield firms, households from fuel price surge
Beijing’s calculated silence on the Iran war
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
