Bank Lending Survey 2009 Q4

Bank lending survey results reflect the recent performance of the lending activity and provide some valuable expectations on its future developments. The aggregated survey results reveal a further tightening of the credit standards during the fourth quarter of 2009. The majority of banks (7 out of 10) kept the credit standards unchanged during this quarter, while the rest of the banks have mainly tightened them. During the fourth quarter of 2009, the net tightening of credit standards applied to businesses was lower compared to the previous one.