FRANKFURT (MNI) – Banks in Norway are expected to tighten credit
standards for businesses in the third quarter while keeping terms
broadly unchanged for households, according to the Norges Bank’s bank
lending survey released Thursday.
In the second quarter, banks reported somewhat tighter credit
standards for enterprises. For households, terms were tightened for
first-home mortgages, while overall credit standards remained broadly
unchanged.
Looking at the demand side, the central bank said that “both
household and corporate credit demand increased slightly” in the second
quarter and is expected to remain broadly unchanged in the third
quarter.
The survey was conducted from June 29 to July 10.
–Frankfurt: +49 69 720 142, jtreeck@marketnews.com
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