According to the press released of the European Central Bank on euro area bank lending survey, dated January 21st, credit standards remained broadly unchanged for both loans to enterprises and housing loans; demand for loans to enterprises declined, while demand for housing loans increased further; Euro area banks use TLTRO-III liquidity largely for granting loans.
Continuă lectura „January 2020 euro area bank lending survey”
According to the remarks made by Luis de Guindos, Vice-President of the ECB, published within the press release of the European Central Bank, in recent months, incoming euro area data have continued to be weak and the economy has grown below expectations. That is, euro area real GDP increased by 0.2% quarter-on-quarter in the fourth quarter of 2018 (according to preliminary estimates), which was slightly up from 0.1% in the quarter before, but well below the 0.4% growth observed in the first half of 2018.
The European Central Bank published the Results of the December 2018 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD) on 31st of January this year.
Continuă lectura „European Central Bank – the results of SESFOD”
The working group on euro risk-free rates, for which the European Central Bank (ECB) provides the secretariat, has published the paper “Guiding principles for fallback provisions in new contracts for euro-denominated cash products”.
