Bank Lending Survey (BLS) – Q4 2016
17/01/2017 - Press Releases
Bank Lending Survey (BLS) (1,2) – Q4 2016
Loans to non-financial corporations
In the fourth quarter of 2016, credit standards and the demand for loans to non-financial corporations (NFCs) remained unchanged (see Chart 1 and 2) compared with the third quarter of 2016, in line with expectations expressed in the previous quarterly survey round. Moreover, banks expect that credit standards will remain unchanged during the first quarter of 2017. The demand for total loans is also expected to remain unchanged during the first quarter of 2017, as the slightly higher demand for loans by small and medium sized companies will be counterbalanced by lower demand for loans by large corporations.
The terms and conditions for loans to NFCs remained also unchanged in the fourth quarter of 2016.
The share of rejected applications for loans to enterprises remained also unchanged during the fourth quarter of 2016 (see Chart 3).
Loans to households
In the fourth quarter of 2016, credit standards and demand for loans to households remained unchanged (see Chart 1 and 2) compared with the third quarter of 2016, in line with expectations expressed in the previous survey round. Banks expect that credit standards and demand will also remain unchanged during the first quarter of 2017.
The terms and conditions for loans to households remained also unchanged in the fourth quarter of 2016.
The share of rejected applications for loans to households remained also unchanged during the fourth quarter of 2016 (see Chart 3).
(1) For more information on the Bank Lending Survey , see
http://www.bankofgreece.gr/Pages/en/Statistics/monetary/BankLendingSurvey.aspx.
(2) Information regarding the BLS methodology is available at: http://www.bankofgreece.gr/Pages/en/Statistics/monetary/BankLendMeth.aspx.