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Eurozone Banks Unexpectedly Eased Credit Standards For Businesses In Q3 - ECB

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Euro area banks slightly eased the credit standards for loans to enterprises and those to households for house purchase in the third quarter, data from the third quarter euro area bank lending survey from the European Central Bank showed on Tuesday.

Banks had expected them to remain broadly unchanged in the previous survey.

The slight easing in credit standards on loans to enterprises was largely driven by the impact of competition, mainly from other banks, except in Germany.

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