Lending Behavior of Banks Remains Stable

Politics ♦ Published: April 28, 2011; 06:47 ♦ (Vindobona)

The credit policy of Austrian banks remained stable for the third year running in the first quarter of 2011 and it is also expected to remain unchanged in the second quarter of 2011.

Lending Behavior of Banks Remains Stable / Picture: © Vindobona.org

These are the results shown by the survey about the loan business in April 2011, in which the credit managers of the leading banks give their assessment about the development of credit in the past quarter and the outlook for the current quarter.

In the corporate banking business, lending conditions have remained stable, for the second consecutive year. Neither do respondents…