January 2023 Bank Lending Survey in Spain

Rationale. This article summarises the main results of the Bank Lending Survey for 2022 Q4 and the expectations for 2023 Q1. It also analyses matters related to funding market access and the impact of other factors on responding banks’ lending policy.Takeaways. •According to the Bank Lending Survey,...

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Detalles Bibliográficos
Autores: Menéndez Pujadas, Álvaro, Mulino, Maristela
Tipo de recurso: artículo
Fecha de publicación:2023
País:España
Institución:Banco de España
Repositorio:Repositorio Institucional del Banco de España
OAI Identifier:oai:repositorio.bde.es:123456789/29552
Acceso en línea:https://repositorio.bde.es/handle/123456789/29552
Access Level:acceso abierto
Palabra clave:Funding
Credit
Loan supply
Loan demand
Credit standards
Terms and conditions for loans
Financial markets
Créditos
E51
E52
G21
Descripción
Sumario:Rationale. This article summarises the main results of the Bank Lending Survey for 2022 Q4 and the expectations for 2023 Q1. It also analyses matters related to funding market access and the impact of other factors on responding banks’ lending policy.Takeaways. •According to the Bank Lending Survey, in 2022 Q4 credit standards tightened across the board in Spain for the third consecutive quarter. •Loan demand fell in the two household segments (house purchase and consumer credit and other lending), while demand from enterprises grew slightly, driven by their greater financing needs for working capital and inventories. •For 2023 Q1, banks once again expect loan supply to contract and loan demand to fall across the board.