Czech Republic: Lending Conditions to Remain Stable

Business › n.a. ♦ Published: January 20, 2014; 21:45 ♦ (Vindobona)

According to the Czech National Bank (CNB), credit conditions for corporate and mortgage loans will remain unchanged while conditions for consumer loans will tighten.

Czech Republic: Lending Conditions to Remain Stable / Picture: © Czech National Bank

The survey carried out by the Czech National Bank reveals that banks made no changes to their credit standards in 2013 Q4 in any of the main credit market segments monitored. The terms and conditions for approving loans to non-financial corporations were eased through a decline in average interest margins andcollateral requirements, while loans to households for house purchase saw an…

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