Bank Lending Survey Results for 2015 Q3

Credit standards for businesses remained unchanged while those for households maintained the easing trend during Q3, based on the results of the lending survey. For businesses, standards remained unchanged for financing both working capital and investments. Household's standards for consumer credit as well as for house purchase were eased. The influence of different factors in lending standards was similar to the previous quarter. The main factors contributing to the easing are the decisions of the Bank of Albania and the level of competition. The NPL situation, the macroeconomic situation and the financial position of households continued to contribute to the tightening of lending standards.