Austria: First Signs of a Credit Crunch

Business › n.a. ♦ Published: February 3, 2014; 09:26 ♦ (Vindobona)

According to the CFO barometer, large enterprises fear that the access to bank loans will continue to worsen. Austrian SME want to become more independent of banks.

Austria: First Signs of a Credit Crunch / Picture: © Vindobona.org

Austrian chief financial officers expect that the lending conditions will deteriorate further. According to a survey carried out by Deloitte, Business Circle and CFO Club Austria, 12% of the respondents think that the access to bank loans is deteriorating. Compared to the prior survey in December 2013, this is an increase by eight percentage points. The share of respondents expecting…

or Log In

Fast News Search
Related News
Hungary Faces Trend Reversal in Monetary Policy (January 25, 2014)
Considerable Differences Across European Mortgage Markets (January 23, 2014)
Czech Republic: Lending Conditions to Remain Stable (January 20, 2014)
Croatia: “Loose Monetary Policy Shows First Signs of Success” (January 18, 2014)
CESEE: Number of NPL Declining (January 14, 2014)
Read More
Surveys, Capital Markets, Lending, Banking Industry, SME
Featured
List of National Days of the Home Countries of All Foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter