Rome

ECB, bank loan conditions for families eased

Credit offer for intermediaries unvaried

ECB, bank loan conditions for families eased

Rome, July 24 - Eurozone banks stopped tightening lending rules for family mortgages in the second quarter of this year, the European Central Bank said Wednesday in its latest Bank Lending Survey. Banks eased conditions of loans offered to families buying a house, reflecting more favourable conditions in the real estate market, the ECB said. Policies for intermediaries remained unvaried in the ongoing quarter, the survey said.

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