Press Releases

Bank Lending Survey (BLS) – Q3 2018

23/10/2018 - Press Releases

Bank Lending Survey (BLS) (1, 2) – Q3 2018

Loans to non-financial corporations

In the third quarter of 2018, the credit standards as well as the terms and conditions for loans to non-financial corporations (NFCs) remained unchanged (see Chart 1) compared with the second quarter of 2018, in line with expectations expressed in the previous quarterly survey round. Moreover, banks expect that credit standards will in general remain unchanged during the fourth quarter of 2018.

The demand for loans to NFCs remained broadly unchanged (see Chart 2), although it slightly increased in the case of long-term loans. The demand for loans to NFCs is expected to remain unchanged during the next quarterly survey round.

The share of rejected applications for loans to NFCs remained unchanged during the third quarter of 2018 (see Chart 3).

Loans to households

In the third quarter of 2018, credit standards for loans to households remained unchanged compared with the second quarter of 2018 (see Chart 1), in line with expectations expressed in the previous survey round. The demand for loans to households remained broadly unchanged compared with the second quarter of 2018 (see Chart 2). Banks expect that credit standards and the demand for loans to households will remain unchanged during the fourth quarter of 2018.

The terms and conditions for loans to households remained unchanged in the third quarter of 2018.

The share of rejected applications for housing loans remained broadly unchanged during the third quarter of 2018 (see Chart 3).

Chart 1 - Credit Standards (Average)

Chart 2 - Demand (Average)

Chart 3 - Share of rejected applications (Average)

(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.