LOGO
LOGO

Global Economic News

Eurozone Banks Expect Loan Demand Growth To Continue In Q4: ECB Survey

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024 lt

Euro area banks expect further increase in demand for loans from businesses and households in the fourth quarter, the results of the latest Bank Lending Survey of the European Central Bank showed on Tuesday.

Banks expect a continued increase in demand for loans to enterprises, home loans and consumer credit and other lending to households in the fourth quarter, the quarterly survey said.

Net demand for loans to enterprises continued to increase, albeit less-than-expected, in the third quarter with growth in demand for loans to both small and medium-sized enterprises and large firms. Demand grew in Germany, France, Italy and the Netherlands.

The survey showed that the increase in demand for loans to enterprises was mainly driven by the low general level of interest rates, fixed investment, inventories and working capital, and M&A activity.

Demand for housing loans increase in all large euro countries except France. Low general level of interest rates, favorable housing market prospects and consumer confidence, remained the driving forces behind the demand for home loans.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.