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Bank of Italy: more stringent banks on loans, increase rates

2023-01-31T09:53:45.443Z


At the end of the year, Italian banks tightened the criteria for granting loans, reducing the value and increasing rates. This is what emerges from the bank lending survey carried out by the Bank of Italy within the ECB. (HANDLE)


(ANSA) - ROME, JAN 31 - At the end of the year, Italian banks tightened the criteria for granting loans, reducing the value and increasing rates.

This is what emerges from the bank lending survey carried out by the Bank of Italy within the ECB.

The stricter conditions for companies, he explains, are "attributable to a greater perception of risk and a lower tolerance towards it".

The criteria for offering loans to households have become slightly more stringent for mortgages.

For the current quarter, the banks expect a tightening of the supply criteria both on loans to businesses and on mortgages for households.

(HANDLE).


Source: ansa

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