A number of banks expect tighter credit standards

Abstract icon 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.
Subject Financial statistics
Type Lending survey
Period 1. quarter 2022
Published 8 April 2022
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