Info from the ECB's bank lending survey:Corporate credit standards tightened in Q1 but eased for household mortgagesCorporate loan demand declined substantially in Q1, contrary to expectations for stabilizationIn Q2, banks see tighter credit standards for corporates but no change for householdsBanks see small net decrease in corporate loan demand in Q2, net increase in demand for loans to householdsSmaller ECB balance sheet has negative effect on bank liquidity, financing conditions This article was written by Arno V Venter at www.forexlive.com.
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