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.
A number of banks expect tighter credit standards
In Danmarks Nationalbank’s lending survey for 1st quarter 2022, 6 both large and medium-sized banks of the 16 surveyed report that they expect to tighten their credit standards for private customers from 1st to 2nd quarter 2022. The banks explain their responses by, among other things, their expectation of a weakening in the economic robustness of the private customers, including the risk of decreasing income after taxes and fixed expenses. The customers’ robustness is, among other things, affected by their expenses that increases following increasing interest rates and inflation driven by, among other things, increasing energy prices.