Friday November 27, 2020

Credit standards tighten for businesses and home buyers

There was a tightening in credit standards for loans to businesses and home buyers during the first quarter, according to a survey of Irish banks released by the Central Bank today.

25th April, 2012
There was a tightening in credit standards for loans to businesses and home buyers, according to the survey.

There was a tightening in credit standards for loans to businesses and home buyers during the first quarter, according to a survey of Irish banks released by the Central Bank today.

Demand for mortgages declined in the same period, the Central Bank said in a statement on Irish responses to the April 2012 Euro Area Bank Lending Survey.

Irish lenders’ retail and wholesale funding is expected to remain “mostly” unchanged in the second quarter, following a...

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