Eurozone Bank Lending Survey shows falling loan demand in Ireland and rest of Eurozone in Q4 2011
Feb 1st, 2012 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Central Bank today reported the Irish responses to the Eurozone Bank Lending Survey and during the final quarter of 2011, credit standards were unchanged on loans to enterprises. However, a further decrease in loan demand from enterprises was reported. A tightening of credit standards on loans to households for house-purchases was reported for the fourth quarter of 2011 with a further tightening anticipated for the first quarter of 2012. Loan demand from households for house purchases weakened again during the final quarter of 2011.