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Austrian Companies Expect Stricter Lending Conditions

Published: September 17, 2012; 18:47 · (Vindobona)

Credit costs will increase in the coming years, a significant majority of Austrian managers says. As a result, the equity quota of Austrian small and medium-sized enterprises (SME) is growing.

Austrian Companies Expect Stricter Lending Conditions / Picture: © Vindobona.org

About 75% of Austrian companies anticipate a strong increase in lending costs in the coming years, KSV (Austrian Creditor´s Association) says. According to the study of KSV, only 20% of the respondents expect stable lending costs. 4% of the interviewees forecast lower debt service costs.

At the moment, lending costs are acceptable for 47% of the companies. About the half of the…

This article includes a total of 184 words.

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