The banks in the eurozone have consulted the conditions of lending companies in the fourth quarter, indicating that the trend could continue in the first months of 2025. years, the European Central Bank (ECB) was shown.
In early June, the ECB reduced key interest rates for the first time in four years, for a quarter of a percentage point, pointing to inflation.
They reduced them, reminded Hina, and at sessions in September, October and December, also for a quarter of a percentage point.
The reduced borrowing costs should “encourage the recovery of the demand, as the growth of real revenues will enable the households to spend more in December, the expected higher investment and more accessible loans.
Economic activity in the eurozone should accelerate the treasure in 2025, to 1.1 percent, after estimated 0.7 percent growth last year.
Banks, however, have significantly tightened the criteria for approving loans to companies, more than expected, with a reduced risk of risk tolerance and the weaker economy is a significant threat, has shown a quarterly research of ECB.
Credit standards are tightened in all economic branches, and especially in the sectors of commercial real estate, wholesale and retail, as well as in construction, banker is reported. Stricter conditions must meet industrial firms that spend a lot of energy.
In the first quarter of the Bank, they expect to tighten lending conditions for both households and companies, which leads to the conclusion that lending growth will continue to be weak.
In Montenegro, the Central Bank of Montenegro reported that, in order to preserve the stability of the financial system, introducing new consumer criteria, whereby the borrowing of households, especially in the segment of cash unintentional loans.
The amount of the new consumer borrowing is limited to, when approving the new loan, the ratio of monthly repayment of total debt and revenue must not exceed 45 percent for housing loans and 40 percent for non-residential loans.
