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Banks slightly reversed the deepening of restrictions on the standards of lending to households in the third quarter of this year.
According to the Bank Credit Survey, released this Monday by the Central Bank, for loans destined to financing housing and consumption, the fraction of banks that reported stricter conditions decreased from 82% and 75% to 36% and 42%, respectively.
As in the household segment, in companies, the supply conditions reversed the trend of deepening its limitations.
In the large corporate segment, the fraction of banks that reported tighter credit standards fell from 93% to 64%.
Meanwhile, for SMEs, this proportion decreased to 46% from 82% in the previous period and the proportion of banks reporting more flexible standards fell slightly, from 18% to 9%.
Likewise, for real estate companies, the fraction of entities that reported stricter conditions fell to 64% from 82% the previous period, while, for construction companies, this fraction fell from 91% to 64%.
The perception of the demand for household credit diminished for a smaller fraction of entities compared to the previous quarter.
For consumption, the proportion of entities that reported a weakening in demand from 100% to 83% decreased slightly.
Meanwhile, for the housing portfolio, the percentage of banks that reported a similar perception fell from 100% to 55%.
Likewise, a smaller fraction of banks stood out, considering that demand weakened substantially in the period, from 75% to 50% for the consumer portfolio and, from 64 to 18% for housing loans.
In contrast, the demand for credit from large companies and SMEs was perceived slightly weaker in the third quarter of 2020.
In the first case, the fraction of banks that consider that demand has decreased increased from 36% to 57% and that of those that perceived a strengthening from 36% to 14% decreased.
Regarding SMEs, demand was perceived more weakened for 46% of the banks consulted versus 36% the previous quarter, and the proportion of banks that reported a strengthening fell from 46% to 9%.
By sectors, the perception of the demand for credit applications by real estate and construction companies remained limited for most of the banks consulted.
For the first segment, the proportion of banks that reported a weakening in demand changed slightly from 73% to 64%, while for the second, this perception remained at 64%, similar to the percentage of responses in the previous period.
