Central Banks
Euro-Zone Consumer Loan Demand Rises for First Time Since 2022
- Second-quarter credit standards broadly stable at tight levels
- Corporate-loan demand fell, but with regional divergence
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Banks in the euro area reported the first increase in demand for consumer credit and housing loans since 2022, the European Central Bank said.
The ECB’s quarterly Bank Lending Survey also showed that appetite from companies continued declining in the three months through June, though there was considerable divergence across the region. While rising in Germany and Spain, it continued to fall in France and Italy.