Denmark publishes first lending survey

The National Bank of Denmark on Tuesday published its first-ever lending survey, covering the loan-making activities and policies of the country's banks and mortgage lenders.

The quarterly survey contains qualitative data based on statements from credit managers on changes in lending policy and the reasons for these changes. The questions cover the previous and coming quarters.

The first survey charts lending conditions over the fourth quarter of 2008. It shows a considerable tightening in le