ECB says credit conditions in Eurozone have eased; Irish banks reported tightening of lending rules
Oct 29th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The European Central Bank (ECB) said on Wednesday in its quarterly lending survey of Eurozone banks that credit conditions have eased. Meanwhile, Irish banks in the survey reported that they tightened their rules/criteria for lending to mortgage customers and businesses in the third quarter of 2009, while demand for loans also fell, according to the results.