Norwegian Banks Tighten Credit Condition For Enterprises In Q2: Norges Bank's Survey

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Tuesday, the Norges Bank's Survey of Bank Lending found that banks continued to tighten credit conditions for enterprises, while that for households remained virtually unchanged in the second quarter. Banks expect credit standards for both enterprises and households to stay approximately unchanged in the third quarter.

At the same time, demand for loans from non-financial corporations in the second quarter reported further fall and household loan demand was approximately unchanged in the second quarter. Banks expect increased household credit demand ahead. Loan demand in the enterprise sector is expected to stabilize in the third quarter.

Tuesday, the Norges Bank's Survey of Bank Lending found that banks continued to tighten credit conditions for enterprises, while that for households remained virtually unchanged in the second quarter. (Market News Provided by RTTNews)