Their consumer loans in the year to February increased by about 3 percent, while non-bank lending to households during the same period soared by 9 percent, showing that banks» sluggish consumer lending is not a question of
a weak loan demand.
Not exact matches
First is
weak domestic
demand, the high rate of unemployment and
weak household income growth... The second is Italy's poor international competitiveness and the third is the banking sector, burdened with a high rate of non-performing
loans.»
With household and government balance sheets still weighed down by a large debt overhang,
demand for new
loans is extremely
weak despite near zero short and long term interest rates.
Amid a low - interest - rate environment and
weaker demand for
loans, net interest and operating income both fell by 0.9 %.
Furthermore, with slow economic growth, consumer zeal to save and repay debts, and
weak capital spending this year,
loan demand will likely be
weak.
According to the Federal Reserve's quarterly senior
loan officers» survey, released Monday, a number of banks reported seeing
weaker demand for new cards in the third quarter of 2014.
A net share of 15.0 % of large banks reported higher
demand for
loans secured by multifamily residential properties, 17.5 % reported stronger
demand while 2.5 % reported
weaker demand.
As illustrated in Figure 1, a net share of 25.0 % of all banks reported stronger
demand for
loans secured by multifamily residential properties, 28.9 % of banks saw stronger
demand while 3.9 % of banks reported
weaker demand.
Meanwhile, 36.1 % of other, smaller banks reported stronger
demand for
loans secured by multifamily residential properties as 41.7 % of banks reported stronger
demand, but 5.6 % reported
weaker demand.