Banks Expect Tightening of Credit Guidelines in 2012

Published: July 28, 2011; 17:39 · (Vindobona)

Austrian banks’ lending policies did not change in the second quarter of 2011. For two years already, no tightening of lending conditions has been observed.

Banks Expect Tightening of Credit Guidelines in 2012 / Picture: © Vindobona.org

As a consequence of stricter capital requirements starting from 2012, the Austrian banks expect a tightening in guidelines for lending to companies and private households. In the second quarter of 2011, however, the banks’ lending policies remained stable. For the third quarter of the year, no significant change is expected either. This is the result of a survey on Austrian banks’…

This article includes a total of 213 words.

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