Nationalbanken’s Lending Survey is a qualitative statement of the development in Denmark’s largest banks and mortgage credit institutions’ credit standards, demand for loans, impairments and losses on loans for corporations and households. The survey provides insights into changes in institutes’ credit policy for Danish loan takers.
The survey gives indications on whether or not it has become easier or harder in general for Danish loan takers to obtain a loan, and to what extent changes in the total debt is driven by supply or demand.The statistics are based on a questionnaire which is circulated to the credit managers of the largest banks and mortgage credit institutions. The credit managers answer to how the credit standards, demand for loans, impairments and losses have changed since the previous quarter. Furthermore, the statistics are forward-looking meaning that the credit managers also answer to how they expect their credit standards, demand for loans, impairments and losses to change in the upcoming quarter.
The answers are given on a scale of 5 steps from -100 to 100. -100 means “decreased/tightened a lot”, -50 “tightened a bit”, 0 “unchanged”, 50 “eased a bit”, and 100 “increased/eased a lot”. To obtain a net balance for each question the banks’ answers are weighted with their respective market shares. The statistics are made up of the net balances.
Nationalbanken’s Lending survey has a quarterly frequence and is published on the 6th weekday of January, April, July and October.