Bank loans became more accessible in the fourth quarter, the Central Bank said Monday, citing a survey of the nation’s 53 largest banks.
The terms of loans to households were eased the most, as 70 percent of banks relaxed lending rules, it said in a report. More than half of survey participants, who account for more than 80 percent of the market, eased credit standards for large corporate borrowers, the report said.
Small and medium-sized businesses struggled to raise capital as 9 percent of lenders tightened requirements and almost half kept the loan terms unchanged, the report said.
(Bloomberg)
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