#loandemand — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #loandemand, aggregated by home.social.
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In Q3 2024, banks saw a moderate rise in loan demand from firms and strong housing loan demand, with expectations for further increases in Q4. However, ECB rate decisions have negatively affected net interest income, leading to anticipated declines in profitability. Meanwhile, broad money (M3) growth rose to 2.9%, largely due to net foreign inflows, despite ongoing negative impacts from TLTRO funding phasing out.
#LoanDemand #Banking #ECB #MonetaryPolicy #M3 #Growth #HousingMarket