Scoop has an Ethical Paywall
Reserve Bank Releases Credit Conditions Survey For June 2020
The Reserve Bank is today releasing the results of its Credit Conditions Survey for June 2020.
The March Survey was collected in early March and thus reflects the views of respondents prior to the announcement of the COVID-19 alert level system and nationwide lockdown. The Reserve Bank therefore decided to conduct an interim Credit Conditions Survey to understand how domestic credit conditions have changed post-lockdown. We do not intend to turn this into a quarterly survey on an ongoing basis.
The biannual Credit Conditions Survey asks banks qualitative questions about changes in credit conditions in bank lending markets. Banks provide separate responses for household, small and medium enterprise, corporate, commercial property and agricultural lending. The questions focus on observed changes in loan demand and credit availability over the previous six months and expected changes over the next six months. It also asks banks how their lending standards have changed over the past six months.
The next Survey will be conducted as usual in September.
More information:
- June 2020 Credit Conditions Survey results (PDF 540KB)
- Credit Conditions (C60) statistics
Spark: New Report Sets Out Outcomes-Led Approach To Lift Rural Connectivity Using The Right Mix Of Technologies
Bill Bennett: Fixed Voice Rules Head For Deregulation
UN Department of Global Communications: United Nations Proposes New Global Dashboard To Measure Progress Beyond GDP
Banking Ombudsman Scheme: Fraud Check Delays Well Worth The Inconvenience, Says Banking Ombudsman
Asia Pacific AML: NZ’s Financial Crime Gap - Beyond The 'Number 8 Wire' Mentality
Westpac New Zealand: Kiwi Households Adapting Despite Widespread Cost Pressure Concerns, Westpac Survey Shows
