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Austrian Companies Expect Stricter Lending Conditions
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…
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