„Demand for Loans Will Grow“

Politics ♦ Published: September 6, 2013; 20:12 ♦ (Vindobona)

In an interview with „Wirtschaftsblatt“, Vice-President of EIB (European Investment Bank) Wilhelm Molterer indicates that banks may not be prepared for an increasing demand for loans.

„Demand for Loans Will Grow“ / Picture: © Vindobona.org

According to Molterer, the real economy does not suffer from a credit crunch. At the moment, the demand for loans is rather low.

However, banks must be able to fulfill a potential increase in loan demand, Molterer says. “Now, we have to create the corresponding preconditions. Banks must cope with a growing demand. If the investment climate was up, investments must be…