Market news
22.10.2019, 11:00

Eurozone's credit standards ease - ING

Bert Colijn, a senior Eurozone economist at ING, notes that Eurozone's bank lending standards eased again slightly in the third quarter. 

  • "On average, it became slightly easier to borrow for non-financial corporates and home buyers, which should provide some relief for the investment outlook that has taken a hit because of falling new orders and weakening confidence.
  • The favourable standards for approving new loans was balanced somewhat by the tightening in credit conditions, meaning that especially riskier loans have seen spreads increase. That has not deterred banks from taking on loans, though demand for lending was roughly unchanged in the third quarter according to the survey.
  • For the fourth quarter, banks are not expecting meaningful changes to their own standards and conditions and also not to demand for lending. On top of that, banks indicate that the asset purchase programme (APP) has continued to have a positive impact on market financing conditions and liquidity positions over the past six months, despite the end to net purchases.
  • The restart of the programme can be expected to increase these positive contributions, although side effects continue to be reported by the banking sector, mainly around profitability concerns. Still, the ECB will likely take this on board as a confirmation that APP will support loose financial conditions as concerns about the effectiveness of the programme become broader."

© 2000-2021. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at

Live Chat E-mail
Choose your language / location