Forex Dictionary

ECB Lending Survey

ECB Lending Survey

This report presents the results of the bank lending survey for the euro area. The survey addresses issues such as credit standards for approving loans as well as credit terms and conditions applied to enterprises and households. It also asks for an assessment of the conditions affecting credit demand. The main objective of the survey is to enhance the Eurosystem's knowledge of financing conditions in the euro area and help the Governing Council of the ECB to assess monetary and economic developments as an input into monetary policy decisions. Strong lending would tend to increase the possibility of higher interest rates