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OeNB: Austrian Banks Remain Cautious

Published: January 30, 2013; 16:59 · (Vindobona)

According to Austrian National Bank, the Austrian banking industry tends to keep the strict lending policy in the corporate banking sector.

OeNB: Austrian Banks Remain Cautious / Picture: © Flickr

Regarding the business lending guidelines, the Austrian banking sector was even more cautious in the fourth quarter than in the prior quarters, OeNB reports. At the same time, the credit demand was down slightly. These are the results of a survey carried out by OeNB.

The Austrian banking industry underlines that the equity costs have increased and that the economic outlook has…

This article includes a total of 256 words.

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