Euro zone banks report rising household mortgage loan demand amid declining interest rates.
According to a European Central Bank survey, euro zone banks have experienced a resurgence in loan demand, particularly in household mortgages, as interest rates decline. Loan demand increased in Q3 2024 and is expected to rise further in Q4. While corporate loan demand remains weak, banks anticipate easing credit standards for housing loans, despite a negative impact on lending margins from the ECB’s policy. Overall, access to funding is expected to remain stable.
October 15, 2024
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