摘要：This report presents the results of the bank lending survey for the euro area that was conducted in December 2007 and January 2008. The cut-off date for the receipt of data from the banks participating in this survey was 8 January 2008.
The results of the January 2008 bank lending survey referring to the fourth quarter of 2007 indicate a further increase in the net tightening of credit standards for loans to enterprises (from 31% in the third quarter of 2007 to 41% in the fourth quarter of 2007). The sharp tightening reflects the deterioration of financial market conditions since the start of the financial turmoil last summer and a worsening of banks’ situation. For the fourth quarter of 2007, banks also reported a further net tightening of credit standards for loans to households for house purchase (from 12% in the third quarter of 2007 to 21% in the fourth quarter of 2007). In addition, credit standards for consumer credit and other lending to households were tightened (from -3% in the third quarter of 2007 to 10% in the fourth quarter of 2007), compared with a net easing of credit standards in the previous quarter.
