ECB survey shows further recovery in bank credit in Q2

Reveals an increase in the share of banks reporting greater demand for loans to enterprises

ecb-frankfurt-new
ECB, Frankfurt

The European Central Bank (ECB) highlighted a "further recovery" in bank credit in the eurozone today (July 14), supported by changes in lending conditions and increased loan demand.

The latest bank lending survey shows banks reported a continued net easing of credit standards on loans to enterprises in the second quarter of the year, albeit to a lesser extent than in the first quarter.

In addition, the report shows net demand for loans to enterprises increased further in the second quarter

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