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Euro zone banks to tighten access to corporate lending: ECB survey

The survey was conducted in September

Reuters  |  Frankfurt 

European Central Bank (ECB)
European Central Bank (ECB)

are set to tighten access to for the first time in two-and-a-half years as they become more wary of risk and negative interest rates eat into their profit, a European Central Bank showed on Tuesday.

stopped easing standards for enterprises in the three months to September and a narrow majority of them expects to tighten them in the current quarter, the ECB's showed.

Lenders cited lower risk tolerance as a factor contributing to the tightening, while also voicing their discomfort with the ECB's negative deposit rate, effectively a charge on banks' deposit with the central bank.

A large majority of said the charge had a negative impact on their rates and margins over the past six months. Some even said it was leading to an increase in their charges to customers, particularly companies, over and above interests.

The was conducted in September.

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Euro zone banks to tighten access to corporate lending: ECB survey

The survey was conducted in September

The survey was conducted in September

are set to tighten access to for the first time in two-and-a-half years as they become more wary of risk and negative interest rates eat into their profit, a European Central Bank showed on Tuesday.

stopped easing standards for enterprises in the three months to September and a narrow majority of them expects to tighten them in the current quarter, the ECB's showed.

Lenders cited lower risk tolerance as a factor contributing to the tightening, while also voicing their discomfort with the ECB's negative deposit rate, effectively a charge on banks' deposit with the central bank.

A large majority of said the charge had a negative impact on their rates and margins over the past six months. Some even said it was leading to an increase in their charges to customers, particularly companies, over and above interests.

The was conducted in September.

image
Business Standard
177 22

Euro zone banks to tighten access to corporate lending: ECB survey

The survey was conducted in September

are set to tighten access to for the first time in two-and-a-half years as they become more wary of risk and negative interest rates eat into their profit, a European Central Bank showed on Tuesday.

stopped easing standards for enterprises in the three months to September and a narrow majority of them expects to tighten them in the current quarter, the ECB's showed.

Lenders cited lower risk tolerance as a factor contributing to the tightening, while also voicing their discomfort with the ECB's negative deposit rate, effectively a charge on banks' deposit with the central bank.

A large majority of said the charge had a negative impact on their rates and margins over the past six months. Some even said it was leading to an increase in their charges to customers, particularly companies, over and above interests.

The was conducted in September.

image
Business Standard
177 22

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