The criteria for granting loans to non-financial corporations (NFCs) remained unchanged in Q2 2024, while the overall conditions for granting business loans were relaxed to some extent. Overall, demand for business loans remained unchanged.

- The credit standards for loans to non-financial corporations (NFCs) remained unchanged in the second quarter of 2024, while the terms and conditions for corporate loans eased somewhat. The overall demand for corporate loans remained unchanged.

- The credit standards and the terms and conditions for household loans remained unchanged in the second quarter of 2024. The demand for housing loans remained unchanged, while the demand for consumer credit remained almost unchanged.

NON FINANCIAL

In the second quarter of 2024, the credit standards for loans to non-financial corporations (NFCs) remained unchanged compared with the first quarter of 2024, in line with the expectations expressed in the previous quarterly survey round. Moreover, banks expect credit standards to remain unchanged during the third quarter of 2024.

The overall terms and conditions for loans to NFCs eased somewhat compared with the first quarter of 2024, as the pressure from competition led to narrower margins on average loans.

During the second quarter of 2024, the overall demand for corporate loans remained unchanged, even though the financing needs for inventories and working capital increased somewhat. During the next quarter, the overall demand for loans is expected to remain almost unchanged, although the demand from small and medium-sized enterprises is expected to increase somewhat.

In the second quarter of 2024, the ratio of rejected applications for loans to NFCs remained unchanged compared with the previous quarter.

HOUSEHOLDS

In the second quarter of 2024, the credit standards for loans to households remained unchanged compared with the first quarter of 2024. The terms and conditions for housing and consumer loans remained unchanged. Banks expect that, during the third quarter of 2024, credit standards for housing and consumer loans will remain unchanged.

The demand for housing loans remained unchanged, while the demand for consumer credit remained almost unchanged. During the next quarter, the overall demand for housing and consumer loans is expected to remain unchanged.

During the second quarter of 2024, the ratio of rejected applications for housing loans and consumer credit remained unchanged.