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Euro zone banks see rising credit demand, easing standards in Q4

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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(above) said in a survey of the bloc's banks, published on Monday ahead of schedule.

[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

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