Results of the October 2011 bank lending survey for the euro area

The European Central Bank (ECB) is publishing today its report on the results of the October 2011 bank lending survey for the euro area. The bank lending survey, which is conducted four times a year, usually at the beginning of each quarter, was developed by the Eurosystem in order to enhance the understanding of bank lending behaviour in the euro area.

The results reported in the October 2011 survey relate to changes in the third quarter of 2011 and to expectations of changes in the last quarter of 2011. As in previous survey rounds, an ad hoc question dealing specifically with the implications of the situation in the financial markets was included. The October 2011 bank lending survey was conducted between 5 and 27 September 2011. With 124 banks participating in the survey, the response rate was 100%.

The report is available on the ECB’s website (http://www.ecb.europa.eu) in the “Statistics” section under “Monetary and financial statistics”/“Surveys”/“Bank lending survey”.