Economic Chamber: No More Credit Crunch for Austria’s Businesses

Businessn.a. ♦ Published: December 10, 2010; 20:16 ♦ (Vindobona)

A study by the Austrian Economic Chamber shows the high level of satisfaction of local businesses with their banks: the credit crunch has disappeared.

Economic Chamber: No More Credit Crunch for Austria’s Businesses / Picture: © Vindobona.org

The vast majority of domestic enterprises continue being satisfied with their house bank. This is the conclusion of a recent survey conducted by the Market Institute on behalf of the Austrian Federal Economic Chamber (WKÖ), which has already been carried out several times. According to these results, 48% of businesses are satisfied with their bank in terms of credit or financing…