Free Trial

BOC's Q1 loan officer survey shows biggest...>

CANADA
CANADA: BOC's Q1 loan officer survey shows biggest relative tightening on
pricing of business loans since 2009, while non-price conditions were little
changed.
*Pricing measure rose to +22.2 from Q4's -16.6, and higher numbers indicate
tightening. That's still far below 2009 price measure peak of +81.7
*Overall business index at +7.7 from -15.6
*Overall mortgage lending conditions tightened, but only to 2018 mark,
non-mortgage lending terms loosened. Govt/regulators pushed cash onto bank
balance sheets as pandemic hit.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.