Bank Lending Survey 2020 Q2

Commercial banks reported tightened credit standards in 2020 Q2. In reflection of the situation and the heightened uncertainty caused by pandemic, banks tightened further the standards applied on loans to both enterprises and households, in all composing sub categories. In the same line with standards, banks also tightened the terms and conditions applied on new loans to enterprises and households. Credit demand was perceived downwards from enterprises, as well as households.