US banks reluctant to ease lending standards

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AFP

According to survey done by Federal Reserve, the number of banks that lessened business loan conditions has decreased in the 3rd quarter. Creditors have also squeezed loan terms on debt to European financial institutions and their partners. About 50% of US banks admit they have provided loans to European contemporaries and consider tightening as reasonable strategy amid EU debt crisis. 

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