In the third quarter, banks in BiH have an optimistic view of the population’s demand for loans, while at the same time they expect an increase in the demand of companies for short-term and long-term loans and/or credit lines, according to a survey of the Central Bank of BiH.
According to this survey, in which the eight largest banks in BiH participated, the banks predict that in the third quarter, the standards for consumer and non-purpose loans to the population and for granting loans to companies will remain unchanged.
The banks stated that in the second quarter there was an increase in the population’s demand for housing, as well as for consumer and non-purpose loans, compared to the previous quarter.
In the second quarter, the standards for approving housing loans, as well as consumer and non-purpose loans were eased compared to the previous quarter: commissions and fees were reduced, while the conditions related to collateral requirements, maturity and maximum loan amount remained unchanged.
The share of rejected applications for household loans in the second quarter was also unchanged compared to the previous quarter.
The demand of companies for loans continued to grow in the second quarter, and according to bank reports, the demand for long-term loans is higher than the demand for short-term loans.
In the second quarter, there was a tightening of credit standards for short-term as well as long-term loans to companies.
Regarding the conditions for granting loans to companies, interest margins, requirements regarding collateral and commissions and fees had a net tightening effect, while the maturity and maximum loan amounts remained unchanged compared to the previous quarter.
In the second quarter, there was no change in terms of rejected applications for loans to companies compared to the previous period.
