Banks plan more lending

  • 2013-05-15
  • From wire reports
VILNIUS - A survey performed by the Bank of Lithuania shows that commercial banks, for the second half-year in a row, have eased credit conditions for small- and medium-size businesses, and in the future plan to ease them even more, reports ELTA. As their major argument, banks indicate growing competition and improving risk assessments.“The softening of lending conditions for enterprises was mostly impacted by increasing competitive pressure in the banking market and expectations for the future of Lithuania’s economy, improved risk assessment of business prospects or the q...
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