ECB paper examines use of eurozone bank lending survey

The European Central Bank, Frankfurt
The European Central Bank

An occasional paper from European Central Bank outlines the methodology behind its bank lending survey (BLS) and gives an introduction to its use by policy-makers and economists.

The survey has played an increasingly important role in informing monetary policy, particularly since the beginning of the financial crisis in 2007, say the authors, Petra Köhler-Ulbrich, Hannah Hempell and Silvia Scopel.

The BLS now collects data from senior loan officers at more than 140 banks in all 19 eurozone

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