In its quarterly Credit Conditions Survey, the Bank said that, over the past three months, availability of funds to banks had improved, making it easier for them to lend to businesses. The survey found that lenders predict a further increase in corporate credit availability during the next three months.
The biggest increases in credit were made available to larger firms although credit availability to the commercial property sector continued to fall.
This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.