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Monday, July 18, 2016

Some Czech banks expect tighter mortgage loan conditions in Q3-c.bank survey - Reuters

PRAGUE, July 18 Part of the Czech banking sectorexpects credit standards for mortgage loans to tighten in thethird quarter, the central bank said in a regular lending surveyreleased on Monday.



Banks also see easier credit standards in the quarter forcorporate and consumer credit lending and expect demand for allloans to further increase, according to the survey.



It said corporate and consumer loan conditions had eased inthe second quarter driven by competition and low financingcosts. Mortgage lending conditions were almost unchanged,although part of the market reduced the loan-to-value ratio andincreased interest margins on riskier loans, the survey said.



(Reporting by Jason Hovet; Editing by Jan Lopatka)




Some Czech banks expect tighter mortgage loan conditions in Q3-c.bank survey - Reuters

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