Statistical news focuses on the latest figures and trends in Danmarks Nationalbank’s statistics. Statistical news is targeted at people who want quick insight into current financial data.
Unchanged loan demand and slightly tighter credit standards
The main part of the large and mid-sized banks participating in the Nationalbanken's lending survey are reporting unchanged loan demand from their existing private and corporate clients in the 3rd quarter of 2023. In the case of private customers, this unchanged demand comes after a previous period where several banks experienced declining demand. For corporate clients, the unchanged demand comes after a period in which several banks reported increasing demand. Following the lending survey for the 2nd quarter, additional banks and mortgage institutions expect to tighten their credit standards for corporate clients. Like the previous quarter, these expected tightenings are primarily due to the Danish Financial Supervisory Authority's new guidance on the financing of rental properties and property projects.
Change in loan demand from existing customers
Note:
The net figure is derived from the banks' responses regarding loan demand. The responses are based on a 5-point scale ranging from -100 to 100. -100 means "decreased significantly," -50 is "decreased slightly," 0 is "unchanged," 50 is "increased slightly," and 100 is "increased significantly." The banks' responses are weighted according to their respective market shares, resulting in a net figure for the response. In the lending survey, private customers are "Employees, retirees, etc." while corporate clients include "Private non-financial companies" and "Privately owned businesses." Find chart data in the Statbank.