Swiss Economicblogs.org
The April Bank Lending Survey remains consistent with the ECB leaving its stance unchanged on credit conditions, negative rates and QE.Credit standards on loans to euro area enterprises eased in Q1, according to the ECB’s Bank Lending Survey (BLS), released today. Although banks expect a small net tightening of credit standards across all loan categories in Q2, credit conditions remain broadly favourable in the euro area.Demand for credit continued to rise in Q1, albeit at a slower pace than...
Read More »Bank lending gives no ground for ECB to change stance
