ECB Bank Lending Survey - Credit standards were broadly unchanged in the first quarter of 2024
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Loan demand from firms declined substantially, contrary to bank expectations of a recovery. - Ongoing central bank balance sheet reduction continued to exert tightening pressure.
- The positive impact of policy rate decisions on bank profits is expected to diminish over the next six months
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Corporate credit standards tightened in Q1 but eased for household mortgages. -
Banks are expecting a moderate net decrease in demand for loans to firms and a net increase in demand for loans to households in the second quarter of 2024.
Via ECB
09 Apr 2024 - 09:00- Research Sheet- Source: ECB
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