NPL&REO News

Demand for credit is on the rise

Demand for credit, from corporations to households, has been on the rise over the last year, in a trend expected to continue this trimester, reveals the latest Portuguese Central Bank (BdP) banking system survey.

Even though access criteria for credit was nearly unchanged, by the end of 2018 «some banking institutions have noted that there was a slight increase in terms of demand for credit from small companies and big corporates, especially in terms of long-term loans», states the report. These banks have also admitted that they expect the increasing trend to continue being witnessed.

The BdP also adds that three of the financial institutions surveyed had registered a slight increase in their financing need.

Original story: Eco News 
Photo: FreeImages.com/SvilenMilev
Edition: Prime Yield

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