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Credit Constraint Indicator: Archive 2013

  1. From the Ifo Business Survey for December 2013

    Credit Constraints Drop to Historical Low

    Dec 20, 2013: Credit constraints for German trade and industry dropped to their lowest level since data have been recorded. Only 19.2% of the companies surveyed reported restrictive access to bank credit. As the year 2013 draws to a close, the financing environment for firms in Germany remains very good. Details

  2. From the Ifo Business Survey for November 2013

    Credit Constraints Edge Downwards

    Nov 29, 2013: After last month's increase, credit constraints for German trade and industry dropped back to September's level. 19.7% of the companies surveyed reported restrictive access to bank credit. The financing environment for firms in Germany nevertheless remains very good. Details

  3. From the Ifo Business Survey for October 2013

    Credit Constraints Edge Upwards

    Oct 31, 2013: Credit constraints for German trade and industry increased only slightly in October. 19.8% of the companies surveyed reported restrictive access to bank credit. This corresponds to an increase of 0.1 percent. A large share of the companies in Germany still have good access to credit. Details

  4. From the Ifo Business Survey for September 2013

    Credit Constraints Remain Unchanged

    Sep 27, 2013: Credit constraints for German trade and industry remained unchanged in September. 19.7% of the companies surveyed reported restrictive access to bank credit. In other words, there was no basic change to the favourable credit conditions enjoyed by companies in Germany this month. Details

  5. From the Ifo Business Survey for August 2013

    Credit Constraint Indicator Edges Downwards

    Aug 30, 2013: Credit constraints for German trade and industry edged downwards in August. 19.7% of the companies surveyed reported restrictive access to bank credit. The number of firms reporting credit constraints has not risen above a third in over three years. Companies are enjoying a constantly favourable financial environment as a result. Details

  6. From the Ifo Business Survey for July 2013

    Credit Constraint Indicator Rises Slightly

    Jul 31, 2013: After dropping to last month’s historical low, credit constraints for German trade and industry rose slightly in July. 19.8% of the companies surveyed reported restrictive access to bank credit. This means that the indicator has been below the 20% marker for a good three months. The environment for corporate financing remains very good in Germany. Details

  7. From the Ifo Business Survey for June 2013

    Credit Constraint Indicator Drops to New Low

    Jun 28, 2013: Credit constraints for German industry and trade hit a new historical low in June. Only 19.4% of the companies surveyed reported restrictive access to bank credit. The European Central Bank's interest rate cut of 8 May seems to have led to a further improvement in the credit situation. The environment for corporate financing with bank credit remains very good in Germany. Details

  8. From the Ifo Business Survey for May 2013

    Renewed decline in the Credit Constraint Indicator

    May 31, 2013: Credit constraints for German industry and trade weakened for the third consecutive time. At 19.8%, the credit hurdle is below the 20% mark for the first time in nearly half a year. Financing conditions for German companies continue to be very good. The extent to which the interest rate cuts by the European Central Bank on 8 May will lead to further improvement remains to be seen. Details

  9. From the Ifo Business Survey for April 2013

    Credit Constraints Edge Downwards

    Apr 30, 2013: Credit constraints for German trade and industry edged downwards by 0.1 percentage points compared to March. Around a fifth of the companies surveyed reported a restrictive credit policy on the part of banks. Despite recent developments in the euro crisis, there have been no significant changes in the favourable financial environment of German companies. Details

  10. From the Ifo Business Survey for March 2013

    Credit Constraints Fall

    Mar 28, 2013: Credit constraints for German trade and industry continued to fall by 0.8 percentage points to 20.2% in March, marking their lowest value since June 2012. Around a fifth of survey participants reported a restrictive credit policy on the part of banks. The financing conditions for German companies remain very good. Details

  11. From the Ifo Business Survey for February 2013

    Credit Constraints Rise

    Feb 28, 2013: Credit constraints for German trade and industry increased by 0.7 percentage points in February, returning to the level of December 2012. 21% of the companies surveyed reported a restrictive credit policy on the part of banks. Despite this increase, the financing conditions for German companies remain highly beneficial. Details

  12. From the Ifo Business Survey for January 2013

    Credit Constraints Continue to Fall

    Jan 31, 2013: Credit constraints for German trade and industry continued to fall by 0.8 percentage points in January. Only 20.3% of the companies surveyed reported a restrictive credit policy on the part of banks. Financing conditions were very favourable for German companies at the beginning of the New Year. Details

Contact

Dr. Klaus Wohlrabe

Ifo Institute
Ifo Center for Business Cycle Analysis and Surveys
Phone: +49(0)89/9224-1229
Fax: +49(0)89/9224-1463
Email: wohlrabe @ ifo.de
Website


Short URL: www.ifo.de/w/3mkbE69fo