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EBS - Erste Bank AG News Story

€17.6 -0.4  -2.5%

Last Trade - 4:35pm

Large Cap
Market Cap £6.70bn
Enterprise Value £3.72bn
Revenue £7.68bn
Position in Universe 126th / 1042

Czech banks expect weaker mortgage loan demand as rules tighten -survey

Mon 15th October, 2018 9:06am
PRAGUE, Oct 15 (Reuters) - Czech banks expect to further
tighten credit to households in the final quarter of 2018 after
applying stricter home loan conditions last quarter, a central
bank lending survey showed on Monday.
    Banks are counting on a decrease in demand for mortgage
loans this quarter while they expect a bump in demand for
corporate loans, the survey found.
    The central bank has put tougher income requirements in
place for mortgage borrowers starting Oct. 1 as it seeks to cool
a hot lending market that has helped make the Czech real estate
market one of the fastest-growing in terms of prices in the
European Union.*:nL8N1WB2NB

 (Reporting by Jason Hovet, Editing by Michael Kahn)
 ((; +420 224 190 476; Reuters
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