The European Central Bank (ECB) said in its survey published on Tuesday that banks' credit standards for businesses and households tightened further in the fourth quarter of 2023, "albeit moderately." This, together with rising interest rates and weak demand, resulted in a "strong fall in loan growth to...
The European Central Bank (ECB) said on Tuesday that euro area banks reported their credit standards for loans or credit lines to businesses and housing loans "tightened further substantially" in the first quarter of 2023, at the highest level since the sovereign debt crisis in 2011. The tightening...
The European Central Bank (ECB) observed in its bank lending survey (BLS) for the fourth quarter of 2022 published on Tuesday, a significant tightening in credit standards for all loan categories from firms to housing, as a result of high-interest rates.
In the first quarter of 2023, the ECB expects a...
The economic slowdown and growing fears of recession, along with risks associated with the economic outlook, have caused a significant impact on lending standards, the European Central Bank (ECB) stated in its Bank Lending Survey (BLS) for the third quarter of 2022.
"In the October 2022 BLS,...
The People's Bank of China announced on Friday that in May it will be keeping one-year interest rates unchanged at 3.70% while cutting five-year rates by 15bp to 4.45%.
The Chinese central bank has also pledged to increase monetary easing in order to stabilize the country's economy amid price...
Robinhood Inc. announced on Wednesday the launch of stock lending, which according to the company, will be "an opportunity to earn extra income on the stocks" clients already own.
According to the statement released by Robinhood, by enabling stock lending, clients permit to lend any fully paid...
Credit standards for loans or lines of credit to companies became tighter in the first quarter of 2022, the European Central Bank (ECB) stated in its Bank Lending Survey (BLS) on Tuesday.
In the case of consumer and other lendings to households, credit standards continued to soften (net percentage of...
The overall improvement in the euro area economy is reflected in steady credit standards in the year's second quarter, the European Central Bank (ECB) stated in its bank lending survey on Tuesday.
The lenders' standards remained mostly unchanged in regard to loans to both enterprises and...
South Korean Finance Minister Hong Nam-ki (pictured) noted on Friday the need to cut maximum interest rates for private lenders amid the financial crisis caused by the coronavirus pandemic.
Hong explained the government would first analyze market interest rates and other factors before it...
The Bank of England reported in its regular credit conditions survey that the availability of secured credits to households was flat in the three month period ending with August (Q3), but they expect it to climb in the next quarter. Meanwhile, the lenders noted a slight slip when it comes to the...
This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.
