Total loan portfolio and market share of the participants in the household segment
Dec-02 Jun-03 Dec-03 Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 Jun-07 Dec-07 Jun-08 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11
Total housing loan portfolio (billion HUF) 698 1,007 1,393 1,590 1,775 1,918 2,140 2,380 2,545 2,691 2,980 3,137 3,774 4,137 3,794 3,818 3,835 3,844.8 4,205.4 4,077.8 4,215.3 3,949.7 4,088.1
Market share of the participants 89.2% 88.9% 87.9% 88.6% 88.1% 87.3% 91.6% 91.6% 91.6% 91.3% 92.3% 93.3% 92.4% 92.1% 91.8% 91.1% 93.8% 93.8% 93.8% 93.7% 93.8% 93.6% 93.5%
Number of participants 7 7 7 8 7 7 8 8 8 8 9 9 9 9 9 9 10 10 10 10 10 10 10
Total consumer loan portfolio (billion HUF) 497 542 607 677 822 965 1,231 1,575 1,766 2,022 2,473 2,747 3,478 3,905 3,531 3,538 3,557 3,595.8 3,987.7 3,831.3 3,898.7 3,657.6 3,788.2
Market share of the participants 68.9% 73.7% 72.0% 82.0% 85.6% 83.7% 85.9% 86.0% 84.1% 83.2% 87.1% 88.0% 86.6% 85.8% 85.8% 85.7% 92.9% 93.0% 92.9% 93.0% 93.9% 92.8% 93.6%
Number of participants 7 8 8 10 10 10 11 11 11 11 13 13 13 13 13 13 14 14 14 14 14 14 14
Total loan portfolio and market share of the participants in the corporate segment
Dec-02 Jun-03 Dec-03 Jun-04 Dec-04 Jun-05 Dec-05 Jun-06 Dec-06 Jun-07 Dec-07 Jun-08 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11
Total corporate loan portfolio
3,319 3,776 4,077 4,348 4,660 4,767 5,279 5,788 5,902 6,004 6,647 6,699 7,245 8,150 7,417 7,215 7,058 6,936 7,096 6,921 6,927 6,585 6,535
(Billion HUF)
Market share of the 7 participants 76.5% 77.7% 79.7% 80.4% 85.3% 84.8% 85.3% 85.0% 85.7% 84.5% 84.3% 86.7% 86.8% 83.4% 82.9% 83.5% 83.4% 83.0% 82.5% 82.1% 81.1% 80.5% 80.4%
Portfolio of the commercial real estate loans (Billion
374 455 504 535 604 681 692 788 829 932 1,104 1,214 1,444 1,692 1,515 1,507 1,524 1,507 1,437 1,516 1,423 1,423 1,900
HUF)
Market share of the 7 participants 94.4% 94.9% 93.9% 94.0% 92.6% 95.6% 94.3% 94.1% 93.0% 91.8% 92.2% 93.1% 94.6% 95.2% 93.8% 93.6% 93.7% 93.6% 93.4% 93.9% 93.1% 93.1% 92.4%
Total loan portfolio and market share of the participants in the municipal segment
Dec-06 Jun-07 Dec-07 Jun-08 Dec-08 Mar-09 Jun-09 Sep-09 Dec-09 Mar-10 Jun-10 Sep-10 Dec-10 Mar-11 Jun-11
Total municipal loan portfolio
(Billion HUF) 331 354 342 323 332 345 349 339 359 374 409 415 445 427 457
Market share of the respondents 96% 96% 95% 94% 93.4% 93.4% 92.7% 92.6% 92.5% 93.3% 93.4% 93.5% 93.6% 93.5% 93.4%
Total municipal bond portfolio held by banks (Billion
HUF) 24 49 191 298 396 454 409 415 432 459 524 522 555 516 545
Market share of the respondents 100.0% 100.0% 97.5% 93.7% 92.9% 92.8% 92.8% 92.9% 98.5% 98.6% 98.4% 98.5% 98.5% 98.5% 98.5%
Total municipal exposure by banks 355 404 533 621 729 799 757 754 791 833 933 936 999 943 1,002
Market share of the respondents 96.1% 96.6% 95.9% 93.8% 93.1% 93.1% 92.8% 92.8% 97.0% 97.4% 97.3% 97.3% 97.4% 97.3% 97.3%
Number of participants 6 6 6 6 6 6 7 7 7 7 7 7 7
Note: From 2009, stock data also include those for
credit institutions and branches.
2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1 2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
Housing loans
1/A. Please indicate your bank’s willingness to grant
housing mortgage loans to individuals now as opposed to
the previous period. (net change indicator,
positive: increase)
Housing loans total 57.1% 42.9% 16.7% 42.9% 28.6% 85.7% 50.0% 75.0% 25.0% 62.5% 44.4% 33.3% -36.3% -54.5% -12.6% -19.3% -9.3% 65.4% 52.9% -3.5% 10.3% -11.5% 41.9%
1/B. Over the next half year how is your bank's willingness
to grant housing loans likely to change?
(net change indicator, positive: increase)
Housing loans total -45.1% 36.1% -10.9% 40.0% 53.1% 100.0% 49.6% 55.3% 58.6% 59.6% 55.8%
2/A Over the past period how did the following factors
contribute to the change in your bank's willingness to
grant housing loans? (net change indicator, positive:
contributed to increase)
Changes in the creditworthiness of clients -58.2% -61.2% -20.9% -13.5% -54.6% -19.3% -12.8% -13.0% -13.3%
Changes in bank's current or expected capital position -8.8% -13.2% -10.9% 0.0% 8.1% 4.8% 3.8% 0.0% 0.0%
Changes in bank's current or expected liquidity -59.3% -6.8% 8.0% 4.4% 8.1% 15.3% 15.5% 11.6% 7.0%
Economic outlook -83.5% -61.2% -30.1% -10.9% -4.9% 0.9% 13.1% 3.0% -6.3%
Outlook of the housing market -28.6% -56.6% -45.5% -48.4% -34.5% -8.6% -10.1% -4.0% -8.8%
Competitive situation with other banks or non-banks 6.6% 4.2% 4.4% 1.8% 5.6% 14.4% 0.0% 11.6% -6.5%
Changes in risk tolerance -72.5% -61.2% -19.1% -13.5% -32.1% -3.0% -29.6% -1.5% 2.5%
Market share goals 9.9% -6.0% 4.4% 4.4% 8.1% 32.7% 74.0% 42.3% 14.0%
2/B Over the next half year how are the following factors
likely to contribute to the change in your bank's
willingness to grant housing loans? (net change indicator,
positive: contributes to increase)
Changes in the creditworthiness of clients -95.6% -26.4% -20.9% -2.6% -3.5% -27.9% -3.2% 24.2% 29.0%
Changes in bank's current or expected capital position -27.5% 4.2% -6.5% 0.0% 8.1% 0.0% 0.0% 0.0% 0.0%
Changes in bank's current or expected liquidity 13.2% 27.8% 4.4% 12.2% 24.0% 15.3% 0.0% 11.6% 0.0%
Economic outlook -59.3% -56.6% -20.9% 34.8% 13.9% 30.5% 15.6% 31.2% 21.5%
Outlook of the housing market -50.5% -56.6% -38.4% -2.9% 2.2% 42.7% 18.5% 16.6% 23.1%
Competitive situation with other banks or non-banks -16.5% 4.2% 17.5% 11.4% -3.1% 9.5% 18.6% 4.6% 7.0%
Changes in risk tolerance -93.4% -39.6% -10.9% 40.6% -23.6% 16.9% -44.3% -16.8% -14.0%
Market share goals -9.9% -6.0% 0.0% 17.9% 70.9% 79.2% 88.2% 86.4% 27.0%
3/A Over the past period, how have your bank’s credit
standards for approving applications from individuals for
housing mortgage loans changed?
(net change indicator, positive: tightening)
Credit standards and terms (total) -28.6% -14.3% 0.0% 0.0% -14.3% -42.9% -62.5% -37.5% 12.5% 12.5% -11.1% 11.1% 89.0% 15.6% 10.1% -3.5% -12.2% 55.0% 59.4% 35.7% 31.2% -0.2% 0.0%
Maximum maturity 0.0% 0.0% 16.7% 0.0% -28.6% -28.6% -25.0% 0.0% 0.0% -37.5% -22.2% 0.0% 8.8% 0.0% 0.0% 0.0% -8.6% 0.0% 0.0% 0.0% 0.0% 4.4% 0.0%
Loan origination fees 28.6% 0.0% 33.3% 14.3% -28.6% -14.3% -37.5% -50.0% -37.5% -25.0% -44.4% -33.3% 47.3% 2.5% -43.3% 0.0% -2.7% -45.0% -38.7% -25.6% -7.0% -55.0% 0.0%
Spreads of interest rates over your bank’s cost of funds (included
subsidies which effect interest revenue/expense, wider
spreads=tightened, narrower spreads=eased) 28.6% 20.0% -33.3% 0.0% -14.3% -57.1% -50.0% -87.5% -62.5% -37.5% -55.6% -22.2% -48.4% -28.6% -47.7% -39.4% -63.0% -24.9% -24.7% -43.3% 4.2% 43.3% 30.9%
Premium on risky loans 15.4% 30.2% 28.5% 12.5% 28.6% 0.0% 0.0% 0.0% 33.7% 0.0% 0.0%
Minimum downpayment (higher=tightened, lower=eased) -14.3% 0.0% 16.7% 0.0% -28.6% -42.9% -37.5% -50.0% -37.5% -50.0% -33.3% 22.2% 83.5% 52.6% 24.4% 2.6% -17.8% 76.7% 52.3% 36.3% 0.0% 0.0%
Maximum LTV ratio -14.3% 0.0% 0.0% -42.9% -28.6% -57.1% -50.0% -25.0% -37.5% -50.0% -44.4% 0.0% 100.0% 41.6% 39.8% -1.8% -17.8% 82.1% 71.7% 36.3% 0.0% 0.0% -2.8%
Maximum monthly repayment / monthly income ratio
(higher=eased, lower=tightened) -16.7% 0.0% 0.0% 14.3% -14.3% 14.3% 0.0% -12.5% 0.0% -12.5% 0.0% 0.0% 78.0% 50.2% 28.8% 31.5% 2.5% 0.0% 80.0% 36.3% 0.0% 4.4% 0.0%
Required credit score (higher=tightened, lower=eased) -11.1% 22.2% 89.0% 26.6% 37.2% 31.5% 2.5% 0.0% 51.5% 40.3% 0.0% 4.4% 0.0%
3/B Over the next half year how are your bank’s credit
standards and terms of mortgage loans likely to change?
(net change indicator, positive: tightening)
Credit standards and terms (total) -50.0% -14.3% 33.3% 0.0% -28.6% -57.1% -37.5% 0.0% -25.0% -25.0% -33.3% 22.2% 12.1% 4.1% -35.2% -43.2% -22.3% 70.4% 4.6% 0.0% -4.5% 1.6% -2.5%
Maximum maturity 0.0% 0.0% 0.0% 0.0% -6.0% -7.1% 0.0% 0.0% 0.0% 0.0% 0.0%
Loan origination fees 11.0% -21.1% 10.9% 20.8% -11.1% -16.6% -2.5% -7.0% -4.5% 4.4% -4.8%
Spreads of interest rates over your bank’s cost of funds (included
subsidies which effect interest revenue/expense, wider
spreads=tightened, narrower spreads=eased) -28.6% -28.6% -46.2% -31.9% -65.3% -27.5% -2.5% 11.6% 0.0% 40.5% -40.1%
Premium on risky loans 20.9% 25.5% 0.0% 35.0% -9.5% -1.4% 0.0% 0.0% 0.0% 4.4% 2.5%
Minimum downpayment (higher=tightened, lower=eased) 3.3% 24.2% 0.0% 11.5% 22.7% 0.0% 0.0% 0.0% -4.5% 0.0%
Maximum LTV ratio -23.1% 24.2% 17.5% -34.4% 21.1% 32.8% 0.0% 0.0% 0.0% 0.0% 0.0%
Maximum monthly repayment / monthly income ratio
(higher=eased, lower=tightened) 13.2% 21.2% 17.5% 11.5% 17.8% 80.7% 29.0% 0.0% 0.0% 1.6% 0.0%
Required credit score (higher=tightened, lower=eased) 2.2% 21.2% 17.5% 11.5% -24.9% 65.8% 4.6% -4.6% -4.5% 0.0% 0.0%
4/A. Over the past period how did the following factors
contribute to the change in your bank's credit standards
and terms of mortgage loans? (net change indicator,
positive: contributed to tightening)
Changes in the creditworthiness of clients 70.3% 61.2% -16.6% 13.5% 30.7% 0.0% 12.8% 13.0% 4.2% 4.4% 0.0%
Changes in bank's current or expected capital position 8.8% 0.0% 10.9% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Changes in bank's current or expected liquidity 85.7% -27.8% -12.5% 0.0% 0.0% -11.9% -7.2% -7.0% 0.0% 4.4% 0.0%
Economic outlook 100.0% 65.4% 14.6% 13.5% 10.4% -11.3% -16.8% -3.0% 4.2% -0.2% -2.5%
Outlook of the housing market 44.0% 65.4% -6.2% 0.0% 10.4% 21.7% -16.8% 22.6% 4.2% 4.4% 0.0%
Competitive situation with other banks or non-banks 16.5% 2.7% 0.0% 0.0% -24.5% -14.4% 0.0% -25.6% 2.5% 0.0% -2.5%
Changes in risk tolerance 100.0% 58.5% 14.5% 13.5% 30.7% 21.1% 34.2% 4.0% 7.0% 4.4% 32.8%
Market share goals 0.0% 23.9% 0.0% -4.4% -33.2% -9.5% -38.6% -61.3% -9.5% -14.5% -5.4%
4/B Over the next half year how are the following factors
likely to contribute to the change in your bank's credit
standards and terms of mortgage loans? (net change
indicator, positive: contributes to tightening)
Changes in the creditworthiness of clients 59.3% 23.7% 0.0% 34.1% -2.1% 16.8% 0.0% 0.0% 0.0% 4.4% -2.5%
Changes in bank's current or expected capital position 11.0% 0.0% 10.9% 0.0% -3.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Changes in bank's current or expected liquidity -13.2% -27.8% -35.2% -42.8% -24.0% -7.1% -4.6% -7.0% 0.0% 4.4% 0.0%
Economic outlook 57.1% 27.9% 20.9% 2.6% -27.4% -30.5% 21.8% 24.7% 28.7% -2.5% -36.2%
Outlook of the housing market 31.9% 27.9% 17.5% 0.0% -2.2% -0.1% -5.1% 31.7% -4.5% -2.5% -33.4%
Competitive situation with other banks or non-banks 0.0% 6.8% 0.0% 0.0% -24.5% -13.0% -21.1% -25.6% -2.5% 0.0% -38.2%
Changes in risk tolerance 57.1% 38.7% 17.5% 23.2% 31.2% 24.4% 52.1% -4.6% -7.0% 1.6% -2.5%
Market share goals 0.0% 6.0% 0.0% 0.0% -67.8% -29.4% -36.1% -21.8% -17.2% -8.5% -24.6%
5/A Apart from normal seasonal variation, how has demand
for mortgages to purchase homes changed over the past
period?
(net change indicator, positive: increase)
Housing loans total 85.7% 100.0% 16.7% -71.4% 28.6% 57.1% 0.0% 37.5% 37.5% 0.0% 44.4% -11.1% -53% -54.4% 16.8% -80.7% 9.9% 17.4% 33.3% -29.0% 34.2% -31.8% -20.3%
HUF housing loans xxx xxx xxx xxx xxx xxx -75.0% -25.0% -25.0% -50.0% -22.2% -44.4% 27% 17.3% 73.3% -49.6% -32.5% 84.8% 84.3% 52.5% 31.4%
FX housing loans xxx xxx xxx xxx xxx xxx 12.5% 37.5% 37.5% 12.5% 44.4% -11.1% -53% -89.0% -5.2% 7.2% 8.6% -59.6% -89.6% -74.6% -13.5%
5/B Apart from normal seasonal variation, what is your
bank’s view of the likely behaviour of demand for
mortgages to purchase home during the next half year?
(net change indicator, positive: increase)
Housing loans total 14.3% -57.1% -66.7% 57.1% 28.6% 42.9% 12.5% 0.0% -12.5% 25.0% 0.0% 44.4% -19% 54.9% -37.5% 67.9% 59.1% 75.0% 14.5% 40.4% 50.1% 81.8% 63.3%
HUF housing loans xxx xxx xxx xxx xxx xxx 0.0% -12.5% -50.0% -25.0% -22.2% 33.3% 27% 69.0% -54.4% 76.7% 55.5% 42.3% 71.5% 35.9% 50.1%
FX housing loans xxx xxx xxx xxx xxx xxx 25.0% 0.0% -12.5% 25.0% 0.0% 33.3% -19% 40.4% 19.7% 30.5% 38.5% -0.1% -67.0% -6.6% -2.0%
6/A Over the past period how did the following factors
contribute to the change in demand for housing loans? (net
change indicator, positive: contributed to increase)
Demand generation of increased credit supply -36% -23.9% 26.0% -9.1% 23.5% 50.2% 49.5% 39.3% 36.5%
Changes in credit standards and terms -98% -26.6% -10.2% 3.5% 3.6% -31.7% -42.2% -17.6% 41.4%
Outlook of the housing market -40% -61.2% -47.4% -17.9% -18.1% -22.9% -15.5% -8.6% -4.2%
Economic outlook -100% -100.0% -56.1% -17.9% -53.2% 9.1% -8.6% 8.0% -13.9%
Competitive situation with other banks or non-banks 0% -34.6% 2.5% -9.9% 3.2% -2.1% 6.3% 8.2% 6.8%
Change in the level of interest rates -84% -91.4% -2.6% -7.0% 40.7% 79.2% 83.1% 38.7% -4.5%
6/B Over the next half year how are the following factors
likely to contribute to the change in demand for housing
loans? (net change indicator, positive: contributes to
increase)
2
2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1 2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
Demand generation of increased credit supply 25% 27.8% -6.7% 30.1% 57.4% 49.1% 31.2% 74.9% 54.0%
Changes in credit standards and terms -16% 0.1% 13.3% 40.6% 28.4% -17.1% -32.2% 14.6% 2.7%
Outlook of the housing market -55% -27.9% -26.4% 2.9% 8.4% 8.7% 11.4% 9.6% 21.7%
Economic outlook -98% -49.7% -26.4% 1.8% 3.2% 27.1% 12.2% 43.8% 45.6%
Competitive situation with other banks or non-banks 4% 34.6% 26.2% 12.5% 45.0% 13.6% 9.0% 28.4% 6.8%
Change in the level of interest rates 11% -2.5% -10.9% 40.1% 59.2% 43.0% 16.2% 38.7% -4.5%
7/A Over the past period how has your bank's housing loan
portfolio quality changed according to the following two
factors? (net change indicator, positive: increase)
Default rate 33.3% 55.6% 13.2% 95.8% 50.4% 61.2% 9.3% 7.8% 17.7% 21.1% 28.2% -0.5% 2.0%
Loss given default 0.0% 0.0% 8.8% 29.8% 13.5% 45.4% 26.6% 5.9% 0.0% 12.1% 42.5% 13.8% 12.2%
7/B Over the next half year how is your bank's housing
loan portfolio quality likely to change according to the
following two factors? (net change indicator, positive:
increase)
Default rate 50.0% 25.0% 95.6% 57.8% 19.3% 46.0% 6.8% -1.7% 15.2% 25.6% 25.7% 8.9% 21.0%
Loss given default 11.1% 0.0% 79.1% 57.8% 23.8% 61.2% 14.8% -0.7% 16.2% 19.0% 44.6% 36.5% 40.1%
Consumer loans
1/A. Please indicate your bank’s willingness to grant
consumer loans to individuals now as opposed to the past
period. (net change indicator,
positive: increase)
Consumer loans total 14.3% 50.0% 71.4% 77.8% 50.0% 50.0% 81.8% 63.6% 36.4% 58.3% 38.5% 46.2% -67.7% -44.2% -18.6% -30.1% -21.5% 44.4% 15.1% 4.1% 14.7% 47.2% 42.2%
Home equity loans 28.6% 75.0% 55.6% 44.4% -64.2% -50.3% -27.7% -25.6% -16.8% 32.2% 1.9% 7.3% 39.3% 53.8% 63.4%
Revolving loans (credit card, overdraft) -50.9% -15.3% 18.1% -36.0% -38.6% 9.7% 2.3% 33.4% 63.1%
Other (personal loan, hire-purchase) -52.1% 12.3% 17.4% -2.7% -12.2% 40.0% 2.3% 10.3% 23.8% 68.0% 71.3%
Vehicle loans -12.5% 0.0% 28.6% 25.0% -86.9% -40.9% -23.8% -26.5% -5.3% -7.4% -25.0% -26.9% -6.9% 33.5% 11.7%
1/B. Over the next half year how is your bank's willingness
to consumer loans likely to change?
(net change indicator, positive: increase)
Consumer loans total -64.6% 10.8% 6.4% 4.3% 65.4% 65.0% 45.7% 14.9% 59.1% 69.7% 45.0%
- Home equity loans -88.0% 4.8% -11.4% 26.7% 65.4% 63.6% 48.9% 13.5% 56.7% 65.0% 40.5%
- Revolving loans (credit card, overdraft) -40.5% 20.9% 19.5% -36.3% 25.6% 24.9% 45.9% 46.9% 68.2%
- Other (personal loan, hire-purchase) -72.5% -4.0% 32.1% -8.5% 11.7% 9.7% 2.3% 21.9% 71.2% 72.0% 81.7%
Vehicle loans -86.9% -21.5% -18.3% -5.4% -41.1% -7.8% 29.5% 28.1% 44.4% 52.6% 31.1%
2/A Over the past period how did the following factors
contribute to the change in your bank's willingness to
grant consumer loans? (net change indicator, positive:
contributed to increase)
Consumer loans total
Changes in the creditworthiness of clients -66.3% -69.5% -30.1% -41.1% -64.7% -11.1% -17.4% -4.8% -7.9%
Changes in bank's current or expected capital position -14.7% -13.9% -13.1% 0.0% 10.4% 0.0% 7.4% 1.5% 0.0%
Changes in bank's current or expected liquidity -69.4% -18.9% 13.2% 0.0% 10.4% 17.8% 21.0% 14.9% 0.0%
Economic outlook -74.0% -69.5% -44.4% -41.8% -9.7% 14.5% -3.7% 22.6% 20.3%
Outlook of the housing market -30.6% -50.0% -23.4% -21.4% -8.3% -4.4% -10.6% -6.2% -10.3%
Competitive situation with other banks or non-banks -5.3% 8.1% 0.0% 2.4% 6.6% 12.7% 15.1% 10.3% 30.6%
Changes in risk tolerance -74.0% -67.5% -44.4% -49.7% -47.9% -7.2% -70.4% -9.4% -11.1%
Market share goals -11.5% -5.9% -2.4% 0.0% 21.0% 42.9% 56.4% 14.9% 57.0%
Home equity loans
Changes in the creditworthiness of clients -57% -64.4% -19.1% -28.9% -49.7% -5.1% -42.5% -1.6% -10.3%
Changes in bank's current or expected capital position -6% -13.9% -13.1% 0.0% 10.4% 0.0% 6.0% 0.0% 0.0%
Changes in bank's current or expected liquidity -61% -18.9% 1.7% 1.7% 10.4% 17.8% 19.6% 13.5% 0.0%
Economic outlook -68% -67.5% -43.8% -43.4% -2.9% 0.0% -6.0% 34.6% 17.9%
Outlook of the housing market -27% -58.1% -23.4% -23.1% -8.3% -4.4% -10.6% -6.2% -10.3%
Competitive situation with other banks or non-banks 2% -3.1% 0.0% 0.0% 10.4% 42.9% 9.0% 8.9% 28.2%
Changes in risk tolerance -68% -56.0% -33.4% -35.9% -32.9% 0.5% -39.9% -10.8% -8.5%
Market share goals -11% -5.9% 1.7% 0.0% 17.9% 38.6% 63.1% 13.5% 54.6%
Revolving loans (credit card, overdraft)
Changes in the creditworthiness of clients -33% -55.7% -31.8% -61.5% -56.0% 1.4% -38.6% -30.5% 35.6%
Changes in bank's current or expected capital position -13% 0.0% 0.0% 0.0% 0.0% 0.0% 1.4% 1.5% 0.0%
Changes in bank's current or expected liquidity -42% 0.0% -2.8% -14.5% 0.0% 8.3% 10.4% 10.3% 0.0%
Economic outlook -32% -69.5% -46.1% -43.4% -16.1% 1.4% 25.2% 33.4% 30.6%
Competitive situation with other banks or non-banks 6% 9.8% 0.0% 2.4% 0.0% 8.3% 10.4% 10.3% 2.4%
Changes in risk tolerance -50% -47.9% -30.1% -55.6% -44.8% -20.9% -59.8% -25.9% -26.7%
Market share goals -2% 5.9% -0.7% 0.0% 10.6% 8.3% 0.8% 10.3% 23.8%
Other (personal loan, hire-purchase)
Changes in the creditworthiness of clients -70% -49.9% -30.1% -41.1% -44.6% 1.4% -6.7% 1.5% 2.4%
Changes in bank's current or expected capital position -22% 0.0% -13.1% 0.0% -7.5% 0.0% 1.4% 1.5% 0.0%
Changes in bank's current or expected liquidity -51% -13.0% 11.5% 0.0% 0.0% 8.3% 10.4% 10.3% 0.0%
Economic outlook -86% -63.8% -44.4% -38.6% -12.9% 1.4% -6.7% 33.4% 35.6%
Competitive situation with other banks or non-banks -2% 8.1% 14.3% 14.5% 13.0% 8.3% 10.4% 42.3% 44.7%
Changes in risk tolerance -66% -39.7% -30.1% -38.3% -31.4% 5.0% -27.9% 1.5% 11.5%
Market share goals -14% 8.0% 12.0% 14.5% 20.6% 8.3% 2.3% 10.3% 23.8%
Vehicle loans
Changes in the creditworthiness of clients -57% -100.0% -46.3% -52.2% -41.3% -31.1% -34.7% -48.6% -8.4%
Changes in bank's current or expected capital position -3% 11.1% -5.5% -5.4% -5.3% 0.0% 0.0% 0.0% 0.0%
Changes in bank's current or expected liquidity -94% -40.9% 9.5% -5.4% -5.3% 0.0% 0.0% 0.0% 0.0%
Economic outlook -94% -90.7% -60.0% -44.7% -46.6% -15.0% -14.5% -40.1% -0.7%
Competitive situation with other banks or non-banks -45% -1.4% -3.4% 0.0% -2.4% -15.8% 0.0% 0.0% -15.5%
Changes in risk tolerance -66% -68.1% -60.0% -23.6% -31.1% -31.9% -35.5% -35.4% -5.1%
Market share goals 4% -7.3% -6.2% 0.0% -23.4% 16.1% 15.7% -15.7% 19.8%
2/B Over the next half year how are the following factors
likely to contribute to the change in your bank's
willingness to grant consumer loans? (net change
indicator, positive: contributes to increase)
Consumer loans total
Changes in the creditworthiness of clients -98.2% -34.8% -15.4% -47.2% -25.3% -11.1% -12.7% 12.9% 8.5%
Changes in bank's current or expected capital position -26.0% 0.0% -13.1% -2.4% 6.6% 0.0% 1.4% 1.5% 0.0%
Changes in bank's current or expected liquidity 1.1% 15.8% 13.2% 11.4% 20.3% 17.8% 10.4% 14.9% 0.0%
Economic outlook -52.8% -52.0% -15.4% -23.1% 16.6% 14.5% -5.2% 53.7% 45.6%
Outlook of the housing market -41.4% -50.0% -15.4% -8.6% 17.8% 8.3% -1.6% 6.2% 0.0%
Competitive situation with other banks or non-banks -6.1% 8.1% 16.0% -8.6% 15.5% 9.7% 10.4% 28.0% 49.7%
Changes in risk tolerance -98.2% -40.9% -29.8% -4.3% -19.8% -16.8% -3.2% 6.1% 16.5%
Market share goals -11.5% -2.9% 6.3% 0.0% 68.4% 60.3% 42.2% 43.3% 36.1%
Home equity loan
Changes in the creditworthiness of clients -86% -32.8% -13.1% -1.9% -27.3% -12.6% -6.0% 11.4% -2.9%
Changes in bank's current or expected capital position -26% 0.0% -13.1% -8.6% 10.4% 0.0% 0.0% 0.0% 0.0%
Changes in bank's current or expected liquidity 1% 15.8% 1.7% 13.0% 20.3% 17.8% 13.6% 13.5% 0.0%
Economic outlook -57% -55.0% -13.1% -24.7% 19.7% 13.1% 3.0% 56.9% 37.0%
Outlook of the housing market -51% -50.0% -14.8% -8.6% 8.0% 8.3% -1.6% 6.2% 5.0%
Competitive situation with other banks or non-banks -25% 0.0% 14.3% 0.0% 10.4% 8.3% 9.0% 26.5% 47.3%
Changes in risk tolerance -86% -40.9% -27.4% -1.9% -19.8% -13.9% -4.6% 4.6% 14.1%
Market share goals -11% -5.9% 1.7% 0.0% 65.4% 63.6% 48.9% 73.8% 66.9%
Revolving loans (credit card, overdraft)
Changes in the creditworthiness of clients -84% -46.3% -15.4% -41.1% -16.5% -6.0% -38.6% -12.9% 35.6%
Changes in bank's current or expected capital position -13% 0.0% -13.1% 0.0% 0.0% 0.0% 1.4% 1.5% 0.0%
Changes in bank's current or expected liquidity -13% -13.9% -2.8% 11.4% 0.6% 8.3% 10.4% 10.3% 0.0%
Economic outlook -69% -60.2% -29.8% -23.1% 0.3% 14.5% 32.7% 55.7% 55.8%
Competitive situation with other banks or non-banks -2% 9.8% 0.0% 0.0% 5.1% 9.7% 9.0% 26.5% 16.5%
Changes in risk tolerance -93% -13.2% 0.6% -41.1% -45.7% -21.9% -35.1% -30.5% -16.7%
Market share goals -18% -1.1% 8.0% 0.0% 29.3% 23.9% 12.6% 28.0% 28.8%
Other (personal loan, hire-purchase)
Changes in the creditworthiness of clients -98% -54.4% -15.4% -22.4% -13.1% -6.0% -6.7% 19.1% 11.5%
Changes in bank's current or expected capital position -22% 0.0% -13.1% -2.4% 0.0% 0.0% 1.4% 1.5% 0.0%
Changes in bank's current or expected liquidity 7% 0.0% 11.5% 0.0% 9.9% 8.3% 10.4% 10.3% 0.0%
Economic outlook -69% -52.4% -15.4% -34.4% -11.0% 9.7% 0.8% 42.2% 44.7%
Competitive situation with other banks or non-banks 6% 22.0% 14.3% 0.0% 0.0% 9.7% 10.4% 59.9% 44.7%
Changes in risk tolerance -69% -40.9% -15.4% -28.5% -8.8% -21.9% 33.3% 1.5% 11.5%
Market share goals -5% 11.0% 20.6% -8.6% 17.4% 9.7% 2.3% 39.6% 38.0%
Vehicle loans
3
2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1 2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
Changes in the creditworthiness of clients -87% -58.0% -23.8% -26.5% -65.3% -19.6% -14.9% -13.2% 13.0%
Changes in bank's current or expected capital position -6% 11.1% -5.5% -5.4% -5.3% 4.3% 4.2% 0.0% 0.0%
Changes in bank's current or expected liquidity -63% 14.1% 9.5% -5.4% -5.3% 4.3% 4.2% 0.0% 3.3%
Economic outlook -87% -49.1% -16.4% -8.3% -41.8% 16.6% 41.5% 18.8% 54.8%
Competitive situation with other banks or non-banks -79% -1.4% 8.5% 27.1% 26.4% 0.0% 0.0% 0.0% 3.3%
Changes in risk tolerance -71% -67.3% -54.4% -26.5% -41.3% -15.3% -4.8% -36.7% -11.9%
Market share goals -44% -7.3% -3.4% 0.0% 0.0% 16.1% 60.5% 46.4% 72.1%
3/A Over the past period, how have your bank’s credit
standards for approving applications from individuals for
consumer loans changed?
(net change indicator, positive: tightening)
Credit standards and terms total
Consumer loans total 71.4% -12.5% 0.0% -33.3% -30.0% -20.0% -9.1% -27.3% -9.1% 0.0% -7.7% 0.0% 87.4% 27.2% 55.9% 49.7% 26.1% -15.5% 34.3% 9.4% 9.9% 17.5% -2.5%
- Home equity loan -14.3% 12.5% -11.1% 0.0% 81.6% 24.2% 16.7% 34.3% 14.1% -16.2% 35.7% 42.8% 12.3% 8.0% 0.0%
- Revolving loans (credit card, overdraft) 37.9% 53.8% 57.6% 67.0% 19.5% 11.6% 12.1% 3.2% -2.4%
- Other (personal loan, hire-purchase) 72.2% 12.2% 55.9% 67.0% 17.4% -26.9% -1.4% -1.5% -2.4% 13.4% -1.0%
Vehicle loans 25.0% 14.3% 28.6% 12.5% 37.1% 90.7% 41.7% 5.4% 5.3% 59.7% 0.8% 8.6% 0.0% 12.7% 12.4%
Consumer loans total
Maximum maturity 13.8% 0.0% 0.0% 22.4% 28.5% -1.4% -1.4% -1.5% 7.3% 8.0% -2.0%
Loan origination fees 14.3% 0.0% 0.0% 22.2% 0.0% 0.0% -18.2% -27.3% -18.2% -33.3% -7.7% -15.4% 25.4% 5.7% -21.4% 8.6% -11.3% -38.6% -9.0% -8.9% -12.3% -13.5% 0.0%
Spreads of interest rates over your bank’s cost of funds (included
subsidies which effect interest revenue/expense, wider
spreads=tightened, narrower spreads=eased) 42.9% -25.0% 28.6% -22.2% -40.0% -40.0% -45.5% -81.8% -63.6% -50.0% -30.8% -23.1% 3.6% -18.5% 29.4% 8.6% -17.5% -48.9% -25.4% -8.9% -33.2% 10.0% 0.0%
Premium on risky loans 18.5% 19.6% 42.1% 8.6% 42.7% -4.4% 0.0% 0.0% 2.4% 2.0% 9.4%
Minimum downpayment (higher=tightened, lower=eased) 0.0% 0.0% -50.0% -37.5% -40.0% -22.2% -50.0% -20.0% -33.3% -41.7% -23.1% -8.3% 66.5% 9.8% 27.4% 8.6% 0.0% 27.8% 4.6% 4.6% 0.0% 0.0% 0.0%
Maximum LTV ratio 88.2% 9.8% 38.1% 11.0% 2.1% -3.4% 24.1% 4.6% 7.3% 0.0% 0.0%
Maximum monthly repayment / monthly income ratio
(higher=eased, lower=tightened) 50.0% 25.0% 14.3% -11.1% -20.0% -10.0% -9.1% -9.1% -9.1% -16.7% -7.7% 7.7% 78.9% 16.3% 48.5% 49.7% 19.5% 2.5% 35.6% 3.2% -2.4% 8.0% -5.7%
Required credit score (higher=tightened, lower=eased) 33.3% 0.0% 14.3% -22.2% 0.0% -10.0% 9.1% -18.2% -9.1% 16.7% -15.4% 23.1% 87.4% 29.3% 55.9% 49.7% 19.5% -31.3% 35.0% 9.4% 30.8% 18.7% -2.5%
Vehicle loans
Maximum maturity 8.7% 100.0% 21.2% 5.4% 5.3% 59.7% 21.7% 0.0% 0.0% 0.0% 0.0%
Loan origination fees 6.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Spread of interest rates over cost of funds 9.3% 87.0% -9.5% 21.2% 0.0% -4.3% -25.4% 0.0% 23.1% -5.1% -24.4%
Premium on risky loans 41.4% 39.1% 23.8% 0.0% 0.0% -23.5% 6.0% 15.7% 0.0% 20.8% 0.0%
Minimum downpayment 50.2% 100.0% 0.0% 0.0% 0.0% 59.7% 21.7% 0.0% 0.0% 0.0% 0.0%
Maximum LTV ratio 47.7% 92.9% 26.7% 5.4% 5.3% 43.6% 6.0% 8.6% 0.0% 0.0% 0.0%
Maximum monthly repayment / monthly income ratio 19.3% 50.9% 20.5% 0.0% 0.0% 4.3% -14.9% 8.6% 0.0% 0.0% 0.0%
Required credit score (higher=tightened, lower=eased) 38.9% 67.3% 15.0% 5.4% 5.3% 0.0% 10.5% 5.2% 0.0% 0.0% 0.0%
3/B Over the next half year how are your bank’s credit
standards and terms of consumer loans likely to change?
(net change indicator, positive: tightening)
Credit standards and terms total
Consumer loans total -71.4% -50.0% -14.3% -33.3% -30.0% -10.0% -18.2% -9.1% 0.0% -16.7% -15.4% -7.7% 29.0% 12.2% -16.3% 10.8% -7.1% -15.6% 13.6% 4.5% 4.6% -6.9% -4.5%
- Home equity loan -50.0% -22.2% -11.1% 17.2% 12.2% -17.0% 8.4% -5.8% -25.0% 33.8% -0.1% -2.1% 2.3% 0.0%
- Revolving loans (credit card, overdraft) 52.4% 73.1% 0.7% 17.1% 7.9% 9.9% 12.2% -5.1% 6.7%
- Other (personal loan, hire-purchase) 29.0% 12.2% -27.7% 14.7% -15.4% 6.0% 1.4% -5.1% 6.7% -11.9% -10.2%
Vehicle loans -14.3% 28.6% -12.5% 86.9% 10.0% 14.8% 23.6% 64.6% 10.5% 0.0% -23.0% -3.3% 0.0% -2.3%
Consumer loans total
Maximum maturity 2.3% 13.0% 0.0% 0.0% 5.6% -9.7% -9.0% 4.5% 0.0% -2.0% 0.0%
Loan origination fees 8.0% -17.1% 0.0% 12.9% -11.3% -38.6% -9.0% -26.5% -24.1% 8.0% 0.0%
Spreads of interest rates over your bank’s cost of funds (included
subsidies which effect interest revenue/expense, wider
spreads=tightened, narrower spreads=eased) -3.6% -9.0% -21.4% -40.9% -38.2% -38.9% -26.6% 8.8% -24.1% 10.0% -4.7%
Premium on risky loans 40.2% 27.0% 21.7% 8.6% -5.1% 5.1% 0.0% 0.0% 9.1% 19.5% 0.0%
Minimum downpayment (higher=tightened, lower=eased) 11.7% 32.8% 14.3% 8.4% 31.0% -1.4% 0.0% 0.0% -5.0% 0.0% 0.0%
Maximum LTV ratio -4.6% 26.9% 14.3% -21.7% 31.0% -10.8% -11.7% 4.5% 0.0% 0.0% 0.0%
Maximum monthly repayment / monthly income ratio
(higher=eased, lower=tightened) 32.5% 27.0% 14.3% 66.6% 13.0% 41.3% 25.4% -5.1% -2.4% 2.3% 2.0%
Required credit score (higher=tightened, lower=eased) 23.2% 30.1% 13.1% 36.5% 5.8% 11.1% 6.1% -11.1% 36.1% -11.9% -2.5%
Vehicle loans
Maximum maturity 80.7% 0.0% 0.0% 18.2% 50.9% 10.5% 4.2% 0.0% 15.5% 0.0% 0.0%
Loan origination fees 12.4% 25.3% 0.0% 0.0% -13.8% 6.2% 4.2% 0.0% 0.0% 20.8% 0.0%
Spread of interest rates over cost of funds 54.8% 4.2% -20.5% -5.4% -16.2% 1.9% -4.2% -3.4% 12.2% -34.8% 0.0%
Premium on risky loans 42.3% 10.0% 39.5% 0.0% 12.4% 1.9% 19.5% 3.9% 0.0% 0.0% 0.0%
Minimum downpayment 80.7% 2.9% 0.0% 18.2% 79.5% 6.2% 4.2% -3.4% 12.2% 0.0% 0.0%
Maximum LTV ratio 80.7% 10.0% -5.6% 18.2% 79.5% 6.2% 4.2% -3.4% -3.3% 0.0% 0.0%
Maximum monthly repayment / monthly income ratio 52.3% 7.1% 54.5% 18.2% 29.7% 6.3% -4.2% 0.0% 0.0% 0.0% 0.0%
Required credit score (higher=tightened, lower=eased) 52.3% 32.6% 15.0% 39.4% 29.7% 10.5% 0.0% 0.0% -3.3% 0.0% 0.0%
4/A. Over the past period how did the following factors
contribute to the change in your bank's credit standards
and terms of consumer loans? (net change indicator,
positive: contributed to tightening)
Consumer loans total
Changes in the creditworthiness of clients 94.5% 67.5% 18.0% 36.9% 39.5% 0.0% 4.6% 4.8% 7.9% 8.0% -9.1%
Changes in bank's current or expected capital position 19.6% 0.0% 13.1% 2.4% 0.0% -1.4% 0.0% 0.0% 0.0% 0.0% 0.0%
Changes in bank's current or expected liquidity 61.7% -15.8% -1.7% -1.7% 0.0% -42.9% -9.0% -13.5% 0.0% 8.0% 0.0%
Economic outlook 100.0% 67.5% 50.9% 32.8% 12.9% -6.2% -1.4% 4.8% -17.9% 8.0% -9.6%
Outlook of the housing market 28.2% 38.5% 29.1% 23.1% 11.2% 4.4% 4.6% 6.2% 10.3% 8.0% 0.0%
Competitive situation with other banks or non-banks 13.8% 0.0% 0.0% -2.4% 0.0% -38.6% -10.4% -8.9% -35.6% -2.0% -9.1%
Changes in risk tolerance 100.0% 67.5% 32.3% 49.7% 39.5% 25.7% 43.0% -8.3% 20.2% 28.3% 12.0%
Market share goals 11.5% 0.0% 2.4% -1.7% 0.0% -47.7% -15.1% -21.2% -47.9% 5.4% -17.3%
Vehicle loans
Changes in the creditworthiness of clients 19.6% 48.0% 20.5% 5.4% 27.9% 21.5% 19.3% 13.2% 11.9% 20.8% 0.0%
Changes in bank's current or expected capital position 0.0% 7.2% 5.5% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -2.5% -2.3%
Changes in bank's current or expected liquidity 48.0% 62.4% 5.5% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -2.3%
Economic outlook 28.4% 48.0% 38.8% 5.4% 20.8% -0.8% -0.8% 13.2% 11.9% -2.5% 10.1%
Outlook of the housing market 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Competitive situation with other banks or non-banks 0.0% 0.0% 60.0% 26.5% 35.8% 6.2% 4.5% 5.2% 0.0% 0.0% 0.0%
Changes in risk tolerance 48.0% 48.0% 0.0% 0.0% 0.0% -16.1% -15.7% 0.0% -3.5% -2.5% -2.3%
Market share goals 0.0% 0.0% 0.0% 0.0% 0.0% 27.8% 0.0% 0.0% 0.0% 0.0% 0.0%
4/B Over the next half year how are the following factors
likely to contribute to the change in your bank's credit
standards and terms of consumer loans? (net change
indicator, positive: contributes to tightening)
Consumer loans total
Changes in the creditworthiness of clients 98.2% 42.1% 26.9% 42.8% 17.7% 3.7% 0.0% -1.5% -2.4% 8.0% -9.1%
Changes in bank's current or expected capital position 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 2.0%
Changes in bank's current or expected liquidity 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 8.0% 0.0%
Economic outlook -15.5% -28.8% -30.1% -11.4% -20.3% -42.9% -9.0% -8.9% 0.0% 8.0% -7.1%
Outlook of the housing market 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 8.0% 0.0%
Competitive situation with other banks or non-banks 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -7.2% -9.1%
Changes in risk tolerance 27.5% 24.6% 0.0% 8.6% -11.7% -8.3% -4.4% 0.0% -5.0% -9.6% -7.1%
Market share goals 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -9.6% -30.2%
Vehicle loans
Changes in the creditworthiness of clients 28.4% 32.6% 38.8% 23.6% 12.4% 6.2% 0.0% 0.0% -15.5% 0.0% 0.0%
Changes in bank's current or expected capital position 0.0% 2.9% 0.0% 0.0% 0.0% -4.3% 4.2% 0.0% -3.3% 4.4% -4.8%
Changes in bank's current or expected liquidity 0.0% 7.1% 0.0% 0.0% 0.0% -4.3% 0.0% 0.0% -3.3% 40.5% -40.1%
Economic outlook 56.8% 32.6% 38.8% 0.0% 0.0% 0.0% 4.2% 0.0% -18.7% 4.4% 2.5%
Competitive situation with other banks or non-banks 0.0% 2.9% 5.5% 0.0% 0.0% 0.0% 0.0% 0.0% -15.5% 0.0% 0.0%
Changes in risk tolerance 2.5% 29.7% 14.8% 26.5% 38.2% 1.9% 19.5% 23.5% -18.7% 1.6% 0.0%
Market share goals 0.0% 2.9% 0.0% 0.0% 0.0% 0.0% -21.2% -23.0% -15.5% 0.0% 0.0%
5/A Apart from normal seasonal variation, how has demand
for consumer loans changed over the past period?
(net change indicator, positive: increase)
Consumer loans total 0.0% 25.0% 57.1% 25.0% 40.0% 0.0% 27.3% 45.5% 18.2% 8.3% 46.2% 23.1% -48.2% -84.2% -37.3% -21.9% 8.3% 29.5% 1.4% -26.1% 29.2% 8.9% 25.0%
HUF loans 31.3% 17.9% -24.2% 24.7% 8.7% 68.7% 78.7% 10.5% 29.2%
FX loans -48.5% -100.0% -37.3% -69.5% -12.7% -47.4% -85.4% -71.1% -7.4%
- Home equity loan -50.8% -97.9% -43.3% -25.6% -1.9% 31.0% -8.0% -0.2% 31.6% 8.9% 28.9%
- Revolving loans (credit card, overdraft) -38.4% -14.3% -37.3% -28.2% -55.4% -5.8% 1.4% -6.6% 52.2%
- Other (personal loan, hire-purchase) -44.1% -64.1% -22.5% -25.8% -15.3% 21.4% 1.4% 8.9% 6.7% -0.6% 53.3%
Vehicle loans -58.6% -100.0% -60.0% -26.5% -47.2% -22.7% -39.9% -64.8% -50.5% -14.4% -6.1%
4
2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1 2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
5/B Apart from normal seasonal variation, what is your
bank’s view of the likely behaviour of demand for consumer
loans during the next half year?
(net change indicator, positive: increase)
Consumer loans total 42.9% 75.0% 42.9% 55.6% 30.0% 40.0% 18.2% -27.3% 0.0% 0.0% 23.1% 15.4% -9.33% 11.0% -13.7% 10.4% 66.3% 61.2% 9.1% 41.8% 50.1% 35.2% 29.7%
HUF loans -5.66% 14.3% 16.6% 51.9% 71.4% 68.6% 90.4% 41.8% 50.1%
FX loans -3.68% 15.0% -25.2% -20.7% -0.1% -18.0% -77.3% -66.6% 12.3%
- Home equity loan -15.79% 5.0% -11.4% 34.5% 58.6% 65.9% 38.3% 41.8% 33.7% 33.2% 27.8%
- Revolving loans (credit card, overdraft) -22.32% 6.1% -13.7% -2.4% 24.2% 15.1% 62.7% 46.1% 73.1%
- Other (personal loan, hire-purchase) 2.11% -3.8% -2.4% -2.4% 5.4% 8.3% 28.0% 18.4% 27.5% 36.1% 37.8%
Vehicle loans -71.0% -17.2% -15.0% -2.9% -24.0% -2.6% 30.3% 4.6% 63.4% 65.3% 45.7%
6/A Over the past period how did the following factors
contribute to the change in demand for consumer loans?
(net change indicator, positive: contributed to increase)
Consumer loans total
Demand generation of credit supply -36.9% -15.1% -25.8% 10.4% 1.2% 49.7% 16.5% -0.5% 19.3%
Changes in credit standards and terms -89.3% -40.4% -57.6% -51.4% -13.4% 18.4% -33.5% -9.4% -10.3%
Outlook of the housing market -36.6% -53.7% -55.1% -23.1% -26.9% -4.4% -10.6% -10.8% -10.3%
Economic outlook -69.2% -100.0% -63.5% -33.3% -29.3% 1.7% -12.7% -9.4% 26.7%
Competitive situation with other banks or non-banks 2.3% -20.6% -0.1% 0.0% 2.9% 28.8% 6.0% 12.1% 52.5%
Change in the level of interest rates -94.0% -94.9% -17.0% -13.6% 8.3% 54.5% 20.9% 8.9% 5.0%
Vehicle loans
Demand generation of credit supply -32.0% -17.2% 0.0% 0.0% -5.3% 4.3% 0.0% 0.0% 6.8%
Changes in credit standards and terms -30.9% -100.0% -60.0% -5.4% -5.3% -36.2% -26.2% -8.6% 0.0%
Economic outlook -91.9% -100.0% -60.0% -26.5% -20.8% 0.8% -5.2% -32.8% -24.1%
Competitive situation with other banks or non-banks -3.4% 21.2% 15.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Change in the level of interest rates -91.9% -100.0% -18.3% -21.2% 0.0% 4.3% -6.0% 0.0% 0.0%
6/B Over the next half year how are the following factors
likely to contribute to the change in demand for consumer
loans? (net change indicator, positive: contributes to
increase)
Consumer loans total
Demand generation of credit supply 24% 9.9% 14.6% 62.9% 42.6% 67.7% 64.7% 70.8% 19.3%
Changes in credit standards and terms -28% -14.2% -9.5% 13.0% -21.0% 16.4% 14.4% 17.5% -10.3%
Outlook of the housing market -50% -37.8% -18.7% -10.3% 18.5% 13.4% -1.6% 0.0% -2.9%
Economic outlook -57% -48.9% -21.0% -10.3% 23.1% 16.7% 6.1% 70.0% 50.5%
Competitive situation with other banks or non-banks -1% 41.7% 14.3% 0.0% 49.7% 34.9% 19.5% 32.5% 54.9%
Change in the level of interest rates 5% -26.8% -13.1% 59.4% 66.2% 52.8% 9.0% 17.6% -5.0%
Vehicle loans
Demand generation of credit supply 0.0% -17.2% 0.0% 0.0% -21.0% 24.4% 19.5% 30.2% 33.2%
Changes in credit standards and terms -70.1% -17.2% 5.6% -21.2% -28.8% -0.1% -1.9% 3.4% 3.3%
Economic outlook -24.0% -44.8% -20.5% 12.8% -20.8% 20.9% 26.2% 6.4% 54.8%
Competitive situation with other banks or non-banks 15.9% 21.2% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Change in the level of interest rates -54.2% -17.2% 0.0% 0.0% 2.4% 20.1% 0.0% 0.0% 3.3%
7/A Over the past period how has your bank's consumer
loan portfolio quality changed according to the following
two factors? (net change indicator, positive: increase)
Default rate
Consumer loans total 15.4% 25.0% 29.2% 100.0% 100.0% 72.7% 12.9% -2.5% 5.3% 20.0% 0.8% 2.6% -6.3%
- Home equity loan 22.2% 77.8% 37.6% 94.9% 91.6% 70.2% 19.1% -1.2% 7.3% 13.2% 21.4% -8.9% 7.9%
- Revolving loans (credit card, overdraft) 24.3% 92.6% 86.9% 71.0% 13.8% 2.7% -15.5% 1.6% -11.5%
- Other (personal loan, hire-purchase) 29.2% 92.6% 92.4% 64.9% 4.4% 2.7% 10.7% 1.6% -5.3% 9.8% 7.3%
Vehicle loans -14.3% 14.3% 44.2% 71.5% 50.8% 37.1% 3.1% 42.9% 26.4% 28.9% 20.3% 11.1% 10.7%
Loss given default
Consumer loans total 7.69% 16.67% 13.8% 35.5% 71.7% 58.3% 10.6% 0.3% 6.7% 20.1% 0.8% -4.4% 1.8%
- Home equity loan 0.00% 12.50% 0.0% 0.0% 0.0% 0.0% 20.4% 36.4% 16.0% 16.1% 56.0% 7.1% 16.0%
- Revolving loans (credit card, overdraft) 2.3% 35.5% 47.1% 58.3% 13.8% -4.8% -15.5% 1.6% 0.8%
- Other (personal loan, hire-purchase) 11.5% 35.5% 71.7% 58.3% 0.3% 3.5% 6.2% 1.6% 0.8% 4.3% 1.8%
Vehicle loans 14.29% 33.33% 8.8% 71.5% 50.8% 57.7% 3.1% 31.4% 34.7% 28.9% 15.2% 2.5% 12.4%
7/B Over the next half year how is your bank's consumer
loan portfolio quality likely to change according to the
following two factors? (net change indicator, positive:
increase)
Default rate
Consumer loans total 23.1% 25.0% 100% 77.1% 19.2% 45.2% 9.2% 4.4% 7.5% 6.6% 0.8% -11.7% 3.1%
- Home equity loan 33.3% 55.6% 65% 69.1% 25.5% 54.2% 2.4% 5.8% 15.7% 22.0% 9.4% -0.2% 10.2%
- Revolving loans (credit card, overdraft) 89% 81.3% 19.2% 45.2% -4.0% 11.0% 9.0% 1.6% -11.5%
- Other (personal loan, hire-purchase) 98% 75.6% 17.6% 39.1% 1.4% 9.5% 9.0% 6.6% -11.5% 9.8% 19.2%
Vehicle loans -14.3% 0.0% 44.2% 71.5% 28.4% 3.1% 22.9% 15.3% 10.7% 28.9% -3.5% 2.5% 8.4%
Loss given default
Consumer loans total 15% 17% 86.6% 75.4% 19.2% 58.2% 10.7% 9.5% 9.0% 15.5% 0.8% 17.9% 11.9%
- Home equity loan 11% 13% 72.4% 67.4% 34.2% 55.8% 13.8% 11.0% 17.2% 22.0% 9.4% 29.4% 19.0%
- Revolving loans (credit card, overdraft) 67.0% 75.4% 13.3% 46.9% 0.9% 11.0% 9.0% 1.6% -11.5%
- Other (personal loan, hire-purchase) 84.8% 69.7% 47.7% 39.1% -8.5% 9.5% 9.0% 6.6% -11.5% 9.8% 16.6%
Vehicle loans 0.0% 16.7% 24.6% 53.2% 1.5% -15.5% 20.8% 15.6% 15.2% 2.1% -3.5% 2.5% 12.4%
5
2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1 2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
CORPORATE LOANS
1/A. Please indicate your bank’s willingness to grant loans or credit lines to
enterprises now as opposed to the last period. (net change indicator, positive:
increase)
Non-financial corporations (total) 0.00% 0.00% 0.00% 71.43% 57.14% 85.71% 42.86% 28.57% 14.29% 28.57% 28.57% 0.00% -64.06% -34.50% 0.00% -7.58% 3.48% 21.43% 22.95% 26.22% 27.57% 12.23% 28.13%
Large and medium-sized enterprises -64.06% -34.50% -20.39% -0.90% 3.48% 21.43% 22.95% 26.22% 27.57% 24.24% 16.62%
Small and micro-sized enterprises 60.00% 71.43% 71.43% 71.43% 71.43% 85.71% 71.43% 71.43% 71.43% 85.71% 14.29% 0.00% -4.95% -15.78% -27.68% -23.02% 9.89% 21.43% 43.48% 51.03% 47.00% 27.20% 39.64%
1/B. Over the next half year how is your bank's willingness to grant loans or
credit lines to enterprises likely to change?
(net change indicator, positive: increase)
Non-financial corporations (total) -25.81% 9.09% 37.19% 33.64% 45.07% 78.83% 59.46% 80.15% 50.79% 43.20% 40.21%
Large and medium-sized enterprises -25.81% -11.55% 16.80% 52.94% 60.30% 56.35% 59.46% 80.15% 50.79% 43.20% 39.06%
Small and micro-sized enterprises 33.29% 48.45% 37.19% 41.22% 73.29% 78.83% 66.08% 88.17% 80.72% 51.39% 70.34%
2/A Over the past period how did the following factors contribute to the
change in your bank's willingness to grant loans or credit lines to enterprises?
(net change indicator, positive: contributed to increase)
Non-financial corporations (total)
Changes in bank's current or expected capital position -9.56% 0.00% 10.04% 29.23% 19.49% 0.00% 0.00% -11.83% -23.85%
Changes in bank's current or expected liquidity -86.75% -57.50% 10.04% 22.54% 33.59% 11.55% 22.95% 10.41% 33.47%
Economic outlook -100.00% -100.00% -62.28% -31.62% -32.84% 0.39% 10.85% -11.67% 30.61%
Industry-specific problems -100.00% -100.00% -62.28% -50.92% -50.78% -43.65% -20.52% -31.52% -12.05%
Competitive situation with other banks or non-banks -8.87% 11.93% 22.61% 40.65% 9.89% 33.16% 42.28% 48.97% 21.67%
Changes in risk tolerance -88.94% -88.94% -73.86% -50.92% -50.78% -22.93% 0.00% -11.83% -23.85%
Market share goals -18.43% 0.00% 10.04% -20.19% 20.97% 10.29% 47.70% 22.24% 49.48%
2/B Over the next half year how are the following factors likely to contribute to
the change in your bank's willingness to grant loans or credit lines to
enterprises? (net change indicator, positive: contributes to increase)
Non-financial corporations (total)
Changes in bank's current or expected capital position -9.56% 9.09% 10.04% 9.93% 0.00% 0.00% -8.48% 11.83% -12.05%
Changes in bank's current or expected liquidity -36.87% -13.90% 37.19% 49.08% 48.82% 44.32% 34.71% 22.24% 22.30%
Economic outlook -84.10% -70.26% -19.83% -16.66% 34.30% 78.83% 31.37% 30.94% 46.38%
Industry-specific problems -84.10% -84.22% -62.28% -66.36% -30.56% -21.17% 10.85% 0.00% -12.05%
Competitive situation with other banks or non-banks 11.64% 11.93% 0.00% 40.65% 47.67% 33.16% 54.04% 48.97% 45.52%
Changes in risk tolerance -70.85% -71.45% -49.25% -31.62% -39.70% -11.29% 0.00% -31.17% 0.00%
Market share goals -18.43% 0.00% 10.04% -20.19% 11.07% 45.76% 36.29% 58.07% 61.28%
3/A Over the past period, how have your bank’s credit standards for approving
applications for loans or credit lines to enterprises changed?
(net change indicator, positive: tightening)
Non-financial corporations (total) 0.00% 0.00% 0.00% 14.29% -28.57% -14.29% 0.00% 0.00% 0.00% 28.57% 28.57% 42.86% 100.00% 100.00% 29.85% 50.59% 30.97% 11.29% 0.00% 0.00% 23.85% 18.92% -7.12%
Large and medium-sized enterprises 100.00% 100.00% 11.03% 50.59% 30.97% 11.29% 0.00% 0.00% 23.85% 18.92% -7.12%
Small and micro-sized enterprises 0.00% -42.86% -28.57% -14.29% -28.57% -14.29% -42.86% -14.29% -28.57% 0.00% 28.57% 71.43% 63.82% 62.57% 44.96% 59.35% 43.59% 21.17% 0.00% 0.00% 8.09% 29.65% 0.00%
Non-financial corporations (total)
Maximum maturity 86.75% 78.14% 52.46% 63.53% 42.04% 12.60% 20.52% 19.85% 19.44% 18.92% 0.00%
Maximum size of credit line 0.00% 0.00% 0.00% -14.29% -14.29% -14.29% -14.29% 0.00% 0.00% -14.29% 14.29% 14.29% 55.18% 67.08% 31.39% 74.63% 42.04% 33.77% -13.90% 0.00% 0.00% 18.92% 1.72%
Costs of credit line 0.00% 0.00% 0.00% -14.29% -14.29% -14.29% -42.86% -14.29% -14.29% 14.29% 14.29% 42.86% 100.00% 79.36% 18.82% 62.02% 21.07% -9.88% -31.43% -10.41% 12.05% 0.00% -10.36%
Spread of interest rates over cost of funds 0.00% 0.00% 0.00% 14.29% -14.29% 0.00% -14.29% -14.29% -14.29% 28.57% 42.86% 85.71% 40.90% 56.41% 31.42% 31.62% -3.74% 12.60% -4.78% 9.45% -11.18% 0.00% -15.87%
Premium on risky loans 0.00% 0.00% 0.00% 71.43% 14.29% 42.86% 28.57% 28.57% 0.00% 28.57% 57.14% 71.43% 100.00% 100.00% 39.89% 74.63% 30.97% 43.65% 20.52% 30.26% 53.78% 48.61% 27.38%
Loan covenants 0.00% 0.00% 0.00% 0.00% -14.29% 0.00% 14.29% 14.29% 14.29% 42.86% 14.29% 14.29% 86.75% 87.23% 18.82% 62.02% 22.56% 0.00% 0.00% 0.00% 12.05% 18.92% 0.00%
Collateralisation requirements 0.00% 0.00% 0.00% 14.29% -28.57% -14.29% -14.29% 0.00% 14.29% 14.29% 28.57% 14.29% 100.00% 100.00% 73.86% 74.63% 43.59% 11.29% 0.00% 11.83% 23.85% 18.92% -18.63%
Required credit score (higher=tightened, lower=eased) 68.66% 68.51% 31.39% 52.10% 11.48% 21.17% 0.00% 0.00% 12.05% 18.92% 12.08%
Monitoring/data reporting requirement 86.75% 87.23% 87.43% 31.29% 22.56% 53.94% 31.93% 21.49% 22.54% 0.00% 18.63%
Large and medium-sized enterprises
Maximum maturity 100.00% 90.91% 52.46% 63.53% 42.04% 12.60% 20.52% 19.85% 19.44% 18.92% 0.00%
Maximum size of credit line 88.94% 79.85% 31.39% 63.53% 42.04% 11.29% -13.90% 0.00% 0.00% 18.92% -10.36%
Costs of credit line 68.66% 47.87% 29.85% 62.02% 21.07% -9.88% -31.43% -10.41% 12.05% 0.00% -10.36%
Spread of interest rates over cost of funds 34.91% 30.87% 31.42% 42.72% -3.74% 12.60% -4.78% 9.45% -11.18% -15.78% -15.87%
Premium on risky loans 100.00% 100.00% 52.46% 74.63% 30.97% 43.65% 20.52% 30.26% 53.78% 76.40% 27.38%
Loan covenants 100.00% 100.00% 42.42% 74.63% 22.56% 0.00% 0.00% 0.00% 23.85% 18.92% 0.00%
Collateralisation requirements 100.00% 100.00% 84.89% 74.63% 30.97% 11.29% 0.00% 11.83% 23.85% 18.92% -7.12%
Required credit score (higher=tightened, lower=eased) 68.66% 68.51% 29.85% 39.49% 11.48% 21.17% 0.00% 0.00% 12.05% 18.92% 0.00%
Monitoring/data reporting requirement 100.00% 100.00% 87.43% 39.49% 22.56% 53.94% 31.93% 21.49% 22.54% 0.00% 0.00%
Small and micro-sized enterprises
Maximum maturity 18.43% 8.13% 5.97% 4.75% 11.48% 9.49% 0.00% 0.00% 0.00% 12.18% 0.00%
Maximum size of credit line -50.00% -85.71% -14.29% -14.29% -14.29% 0.00% -14.29% -14.29% -14.29% -42.86% 0.00% 0.00% 19.01% 9.00% 0.00% 31.29% 11.48% 22.48% 20.52% 0.00% 0.00% 18.92% 18.44%
Costs of credit line 0.00% -14.29% -14.29% -14.29% 0.00% 0.00% -28.57% 14.29% -42.86% 14.29% 0.00% 42.86% 22.70% 32.09% 18.82% 31.29% 11.48% 0.00% -25.31% -26.22% -3.72% 0.00% 0.00%
Spread of interest rates over cost of funds -25.00% -14.29% 0.00% 28.57% -14.29% 0.00% -14.29% -14.29% -42.86% 0.00% 28.57% 28.57% 31.34% 56.41% 31.42% 42.72% -3.74% 9.49% 20.52% -15.81% -14.45% 0.00% 0.00%
Premium on risky loans 25.00% 28.57% 42.86% 57.14% 28.57% 28.57% 0.00% 42.86% 0.00% 0.00% 42.86% 28.57% 100.00% 88.07% 67.57% 59.35% 24.10% 22.48% 20.52% 15.81% 23.85% 18.96% 0.00%
Loan covenants 50.00% 0.00% 28.57% 0.00% -28.57% 0.00% 14.29% 14.29% 14.29% 28.57% 28.57% 14.29% 68.66% 56.58% 46.49% 70.77% 35.18% -12.99% 0.00% 0.00% 12.05% 0.00% 0.00%
Collateralisation requirements 25.00% 0.00% 0.00% 14.29% -28.57% -28.57% -42.86% 14.29% -42.86% 14.29% 42.86% 42.86% 68.66% 68.51% 88.97% 74.63% 25.28% 0.00% 0.00% -15.81% 8.09% 0.00% 0.00%
Required credit score (higher=tightened, lower=eased) 81.91% 81.28% 18.82% 20.19% 11.48% 0.00% -13.90% 0.00% 31.33% 18.92% 12.08%
Monitoring/data reporting requirement 68.66% 47.87% 72.32% 31.29% 22.56% 43.65% 54.44% 19.85% 41.98% 37.88% 18.63%
3/B Over the next half year how are your bank’s credit standards and terms of
loans or credit lines to enterprises likely to change? (net change indicator,
positive: tightening)
Non-financial corporations (total) 0.00% 0.00% 0.00% 0.00% -14.29% -71.43% 14.29% 0.00% 14.29% 28.57% 28.57% 0.00% 84.10% 54.48% -10.04% -9.93% 19.49% 0.00% 0.00% 0.00% 12.05% 30.34% 11.51%
Large and medium-sized enterprises 84.10% 54.48% -10.04% -9.93% 19.49% 0.00% 0.00% 0.00% 12.05% 18.92% 11.51%
Small and micro-sized enterprises -20.00% -42.86% -28.57% -28.57% -28.57% -28.57% -57.14% -28.57% -14.29% 28.57% 42.86% 57.14% 81.91% 35.76% 0.00% 0.00% 19.49% 0.00% 0.00% -3.98% -15.76% -15.78% -26.23%
Non-financial corporations (total)
Maximum maturity 54.38% 35.76% 0.00% 0.00% 6.86% 0.00% -11.76% -11.08% 0.00% 0.00% 0.00%
Maximum size of credit line 0.00% 0.00% 0.00% -42.86% -42.86% -42.86% -14.29% 0.00% 0.00% 14.29% 0.00% 14.29% 73.04% 34.33% -10.04% -9.93% -3.03% -12.99% -34.01% -26.22% -10.49% -38.69% -22.62%
Costs of credit line 0.00% 0.00% 0.00% -14.29% 0.00% -14.29% 14.29% 0.00% 0.00% 14.29% 57.14% 28.57% 66.01% 35.76% 18.82% 20.79% 19.49% -12.99% -11.41% -10.41% -21.67% -10.73% 0.00%
Spread of interest rates over cost of funds 0.00% 0.00% 0.00% -14.29% -14.29% -14.29% 0.00% 0.00% 0.00% 0.00% 71.43% 57.14% 26.04% 17.88% 0.00% -9.93% -26.30% -11.55% 0.00% -11.08% -11.18% -15.78% 0.00%
Premium on risky loans 0.00% 0.00% 0.00% 42.86% 28.57% 28.57% 42.86% 14.29% 14.29% 42.86% 57.14% 71.43% 84.10% 63.57% 46.49% 31.91% 44.60% 12.99% 22.95% 22.24% 41.98% 53.66% 27.38%
Loan covenants 0.00% 0.00% 0.00% 14.29% 0.00% 0.00% -14.29% 42.86% 0.00% 28.57% 28.57% 28.57% 66.01% 51.55% 28.86% 11.42% 12.62% 0.00% 0.00% 11.83% 0.00% 18.92% 0.00%
Collateralisation requirements 0.00% 0.00% 0.00% 14.29% 0.00% -28.57% -42.86% 14.29% 0.00% 14.29% 57.14% 14.29% 84.10% 90.91% 31.39% 39.48% 19.49% 0.00% 11.54% 11.83% 12.05% 18.92% -7.12%
Required credit score (higher=tightened, lower=eased) 68.66% 32.09% -10.04% 24.81% 0.00% 0.00% 0.00% 0.00% 12.05% 18.92% 0.00%
Monitoring/data reporting requirement 84.10% 84.22% 45.97% 19.30% 34.71% 10.29% 36.15% 22.08% 38.30% 18.92% 0.00%
Large and medium-sized enterprises
Maximum maturity 72.47% 54.48% 0.00% 15.44% 6.86% 0.00% -10.85% -11.08% 0.00% 0.00% 0.00%
Maximum size of credit line 59.79% 21.56% -10.04% -9.93% -3.03% -12.99% -11.41% -26.22% -10.49% -27.96% -22.62%
Costs of credit line 45.51% 35.76% 18.82% 20.79% 19.49% -12.99% -11.41% -10.41% -21.67% -10.73% 0.00%
Spread of interest rates over cost of funds 7.95% -0.84% 0.00% -9.93% -26.30% -11.55% 0.00% -11.08% -11.18% -15.78% 0.00%
Premium on risky loans 84.10% 63.57% 46.49% 19.30% 44.60% 12.99% 22.95% 22.24% 41.98% 64.39% 27.38%
Loan covenants 66.01% 51.55% 28.86% 30.72% 0.00% 0.00% 0.00% 11.83% 0.00% 18.92% 0.00%
Collateralisation requirements 84.10% 90.91% 31.39% 46.16% 19.49% 0.00% 0.00% 11.83% 12.05% 18.92% -7.12%
Required credit score (higher=tightened, lower=eased) 68.66% 32.09% -10.04% 24.81% 0.00% 0.00% 0.00% 19.34% 12.05% 18.92% 0.00%
Monitoring/data reporting requirement 84.10% 65.50% 45.97% 0.00% 34.71% 10.29% 36.15% 22.08% 38.30% 18.92% 18.63%
Small and micro-sized enterprises
Maximum maturity 41.13% 11.06% 0.00% 0.00% -9.89% 0.00% -11.76% 0.00% 0.00% 12.18% 0.00%
Maximum size of credit line -25.00% -42.86% -14.29% -42.86% -42.86% -42.86% -57.14% -14.29% 0.00% 14.29% -14.29% 28.57% 21.20% 2.84% -10.04% -9.93% 0.00% 9.88% -25.66% -15.81% -15.76% -27.96% -28.13%
Costs of credit line 25.00% 0.00% 42.86% -14.29% 0.00% -14.29% 28.57% -28.57% -14.29% 14.29% 14.29% 28.57% 32.26% 22.99% 0.00% 0.00% -11.07% -23.28% -25.31% 0.00% -3.72% 0.00% 0.00%
Spread of interest rates over cost of funds -25.00% 14.29% 28.57% -14.29% -57.14% 0.00% 0.00% -28.57% -14.29% 0.00% 42.86% 57.14% 18.55% 40.49% -2.54% 0.00% 0.00% -33.16% 0.00% 0.00% 0.00% 0.00% 0.00%
Premium on risky loans 50.00% 42.86% 42.86% 14.29% 28.57% 28.57% 42.86% 0.00% 14.29% 28.57% 42.86% 28.57% 66.01% 48.71% 46.49% 12.61% 32.11% 0.00% 20.52% 11.83% 12.05% 37.88% 0.00%
Loan covenants 25.00% -14.29% 14.29% 0.00% -14.29% 0.00% -28.57% 28.57% 0.00% 28.57% 14.29% 14.29% 52.76% 22.99% 10.04% 21.35% 0.00% 0.00% 0.00% 0.00% 0.00% 18.92% 18.63%
Collateralisation requirements 0.00% -28.57% 14.29% 14.29% -14.29% -28.57% -57.14% -42.86% 0.00% 42.86% 42.86% 28.57% 52.76% 59.42% 31.39% 26.87% 0.00% 12.99% 0.00% -3.98% 19.28% 0.00% 0.00%
Required credit score (higher=tightened, lower=eased) 68.66% 32.09% -10.04% 0.00% 0.00% 21.17% 0.00% 19.34% 31.33% 6.74% -10.36%
Monitoring/data reporting requirement 52.76% 52.73% 12.04% 0.00% 0.00% 10.29% 33.92% 38.56% 47.09% 53.66% 0.00%
4/A. Over the past period how did the following factors contribute to the
change in your bank's credit standards and terms of loans or credit lines to
enterprises? (net change indicator, positive: contributed to tightening)
Non-financial corporations (total)
Changes in bank's current or expected capital position 27.65% 18.72% -10.04% -9.93% 0.00% 0.00% 0.00% 0.00% 23.85% 18.92% 0.00%
Changes in bank's current or expected liquidity 88.94% 79.85% 22.92% 10.26% -22.52% -12.99% -11.41% 5.40% -22.30% 8.18% -10.36%
Economic outlook 100.00% 100.00% 51.94% 62.02% 32.11% 11.29% -11.41% -10.41% 0.00% 11.37% 14.26%
Industry-specific problems 100.00% 100.00% 87.43% 62.02% 30.56% 21.17% 0.00% 0.00% 12.05% 37.88% -12.26%
Competitive situation with other banks or non-banks 20.51% 20.64% -10.04% -9.93% 0.00% 0.00% -13.90% 0.00% 0.00% 0.00% 18.63%
Changes in risk tolerance 100.00% 100.00% 87.96% 73.46% 42.04% 21.17% 0.00% 11.83% 12.05% 18.92% 23.59%
Market share goals 20.51% 20.64% -10.04% 10.26% -9.89% 0.00% -13.90% -15.81% -15.76% -15.78% 0.00%
4/B Over the next half year how are the following factors likely to contribute to
the change in your bank's credit standards and terms of loans or credit lines to
enterprises? (net change indicator, positive: contributes to tightening)
Non-financial corporations (total)
Changes in bank's current or expected capital position 9.56% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 11.83% 12.05% 18.92% 0.00%
Changes in bank's current or expected liquidity 54.95% 33.41% -15.11% -12.61% -12.62% 0.00% 0.00% 0.00% 0.00% 18.92% 0.00%
Economic outlook 86.75% 100.00% 18.82% 11.42% -2.60% -22.87% -10.85% 0.00% -3.72% 9.92% 14.26%
Industry-specific problems 100.00% 100.00% 49.25% 46.16% 30.56% 21.17% 0.00% -11.08% 12.05% 22.10% 17.87%
Competitive situation with other banks or non-banks 20.51% 0.00% 0.00% 0.00% 0.00% -12.99% -25.66% -15.81% 0.00% 0.00% 0.00%
Changes in risk tolerance 100.00% 84.22% 51.77% 58.78% 19.49% 21.17% -11.76% 31.17% 0.00% 3.14% 11.51%
Market share goals 20.51% 0.00% -10.04% -9.93% -9.89% -12.99% -25.31% -26.22% -38.30% -26.51% -15.87%
5/A Apart from normal seasonal variation, how has demand for loans or credit
lines to enterprises changed over the past period?
(net change indicator, positive: increase)
Non-financial corporations (total) 0.00% 0.00% 0.00% 57.14% 57.14% 14.29% 57.14% 28.57% 28.57% 14.29% 0.00% 28.57% 51.15% 47.31% 29.91% 49.40% -23.70% 42.65% 19.82% 54.26% 18.80% 46.20% 32.13%
HUF loans 6 -11.98% 10.01% -10.87% 49.40% 18.67% 29.79% 11.06% 26.73% -0.63% 27.27% 23.19%
2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1 2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
FX loans 52.19% 47.31% 23.66% 38.30% -53.51% 43.91% 11.91% 49.60% 18.10% 11.49% -9.61%
Short term loans 69.24% 90.91% 63.83% 62.02% -23.70% 63.82% 10.85% 19.85% 11.18% 65.14% 42.96%
Long term loans -47.93% -44.43% -21.04% 12.63% -43.18% 20.81% 0.50% -0.75% 7.63% -2.38% -7.51%
Large and medium-sized enterprises 51.15% 26.67% 42.47% 62.02% -23.70% 42.65% 31.37% 66.09% -0.63% 27.27% 12.83%
Small and micro-sized enterprises 75.00% 57.14% 14.29% 71.43% 71.43% 28.57% 57.14% 28.57% 42.86% 57.14% 42.86% 42.86% 60.71% 63.10% 48.72% 49.40% -2.73% 0.00% 20.52% 50.28% 29.30% 39.28% 23.19%
5/B Apart from normal seasonal variation, what is your bank’s view of the
likely behaviour of demand for loans or credit lines to enterprises during the
next half year?
(net change indicator, positive: increase)
Non-financial corporations (total) 0.00% 0.00% 0.00% 85.71% 85.71% 57.14% 57.14% 0.00% 0.00% 28.57% 0.00% 42.86% 51.15% 65.50% 32.96% 30.40% 34.71% 67.28% 45.27% 58.07% 46.38% 58.89% 26.98%
HUF loans 35.25% 60.64% 33.64% 30.40% 54.93% 67.28% 43.13% 38.56% 46.38% 69.62% 57.12%
FX loans 14.63% 10.18% 32.96% 30.40% -4.99% 23.58% -17.82% 2.39% 41.73% 22.87% -17.87%
Short term loans 90.44% 81.28% 72.85% 43.01% 34.71% 67.28% 57.02% 46.23% 21.67% 58.89% 12.26%
Long term loans -47.93% 1.09% 31.42% 7.87% -12.62% 44.80% 14.11% 58.58% 31.24% 58.20% 29.74%
Large and medium-sized enterprises 24.65% 39.96% 31.42% 30.40% 34.71% 78.83% 45.27% 58.07% 38.74% 69.62% 26.98%
Small and micro-sized enterprises 60.00% 42.86% 28.57% 42.86% 57.14% 57.14% 57.14% 14.29% 14.29% 57.14% 28.57% 71.43% 78.80% 100.00% 37.67% 30.40% 5.63% 56.99% 2.85% 76.50% 56.71% 69.62% 57.12%
6/A Over the past period how did the following factors contribute to the
change in demand for loans or credit lines to enterprises? (net change
indicator, positive: contributed to increase)
Non-financial corporations (total)
Change in customer inventory financing needs 50.35% 58.29% 49.76% 34.24% -50.78% 65.08% 0.00% 3.98% 19.44% 27.20% 24.34%
Change in customer accounts receivable financing needs 81.91% 81.28% 100.00% 74.63% 35.12% 76.81% 51.39% 50.12% 50.76% 65.83% 42.96%
Change in customer investment in plant or equipment -55.18% -34.50% -57.53% -62.02% -50.78% -22.48% 0.00% 26.89% -12.05% 27.96% 12.26%
Change in customer's own liabilities 100.00% 100.00% 77.93% 78.97% 62.63% 54.20% 22.25% 40.83% 60.14% 65.14% 7.12%
Change of attractiveness of other bank or non-bank credit sources 86.75% 43.64% 51.94% 62.02% 21.38% 41.34% 42.28% 10.41% 21.67% 22.91% 0.00%
Change in the level of interest rates -18.20% -41.71% -39.89% -31.62% 0.00% 20.17% 9.11% 9.45% 0.00% 0.00% 0.00%
6/B Over the next half year how are the following factors likely to contribute to
the change in demand for loans or credit lines to enterprises? (net change
indicator, positive: contributes to increase)
Non-financial corporations (total)
Change in customer inventory financing needs 81.91% 39.61% 12.04% 14.94% 27.85% 67.19% 57.02% 55.01% 58.18% 77.85% 57.12%
Change in customer accounts receivable financing needs 88.94% 100.00% 70.15% 100.00% 73.29% 76.81% 62.80% 88.17% 29.93% 76.57% 57.12%
Change in customer investment in plant or equipment -29.84% -28.55% -18.82% -50.92% -4.26% 21.92% 25.66% 26.89% 47.00% 81.04% 57.12%
Change in customer's own liabilities 86.75% 87.23% 88.97% 69.60% 19.49% 55.64% 10.85% 50.28% 11.18% 76.57% 22.99%
Change of attractiveness of other bank or non-bank credit sources 54.38% 65.50% 10.04% 60.84% 11.07% 20.17% 22.61% 0.00% 11.18% 27.96% 0.00%
Change in the level of interest rates 3.92% -51.29% -10.04% 8.77% 46.92% 44.41% 34.42% 19.85% -12.05% 0.00% 15.87%
7/A Over the past period how has your bank's corporate loan portfolio quality
changed according to the following two factors? (net change indicator,
positive: increase)
Default rate
Non-financial corporations (total) 57.14% -28.57% 59.79% 67.08% 47.54% 56.43% 66.00% 11.64% 29.35% 8.77% 13.36% 8.23% 19.87%
Large and medium-sized enterprises 39.29% 67.08% 35.50% 66.36% 66.00% 0.09% 40.76% 19.18% 0.00% 7.54% 7.79%
Small and micro-sized enterprises 57.14% 57.14% 75.69% 67.08% 66.36% 54.93% 67.55% 79.83% 26.86% 42.84% 37.86% 22.79% 53.24%
Loss given default
Non-financial corporations (total) 0.00% -14.29% 38.59% 46.05% 46.53% 11.42% 50.78% 0.09% 11.76% 20.60% -10.49% -3.19% 19.87%
Large and medium-sized enterprises -2.42% 46.05% 35.50% 11.42% 50.78% 0.09% 25.66% 19.18% 0.00% 7.54% 7.79%
Small and micro-sized enterprises 28.57% 14.29% 36.41% 36.43% 59.10% 12.61% 42.73% 13.31% 37.06% 23.50% -26.26% -7.55% 31.38%
7/B Over the next half year how is your bank's corporate loan portfolio quality
likely to change according to the following two factors? (net change indicator,
positive: increase)
Default rate
Non-financial corporations (total) 28.57% 0.00% 70.85% 61.13% 54.31% 66.36% 53.51% 11.38% 20.24% 1.26% -9.62% -6.96% 15.51%
Large and medium-sized enterprises 70.85% 61.13% 33.92% 66.36% 38.15% 11.38% 20.24% 1.26% -9.62% -37.93% 3.43%
Small and micro-sized enterprises 28.57% 57.14% 88.94% 79.85% 66.36% 54.93% 48.51% 57.35% 31.78% 31.01% 5.07% 34.11% 50.00%
Loss given default
Non-financial corporations (total) -14.29% -42.86% 59.22% 61.13% 54.31% 47.06% 35.89% 24.37% 31.78% 17.07% -9.62% -15.37% 34.99%
Large and medium-sized enterprises 38.71% 61.13% 33.92% 47.06% 45.78% 11.38% 20.24% 1.26% -21.43% -34.33% 22.91%
Small and micro-sized enterprises -14.29% 14.29% 77.30% 70.75% 66.88% 67.55% 8.81% 34.48% 31.92% 11.67% 5.07% 22.10% 31.38%
8/A Over the past period, how has your bank's credit risk evaluation of the
different economic branches changed? (net change indicator, positive:
worsening)
Agriculture, forestry and fishery 66.13% 39.36% 46.53% 34.74% 37.05% 57.35% 30.87% 19.34% 0.00% 0.00% 0.00%
Manufacturing 77.19% 78.14% 77.91% 46.16% 34.71% 21.17% 30.87% 19.34% -19.44% -15.78% 12.08%
Energy, public services -20.62% 0.00% 0.00% 15.44% 15.22% -24.63% -2.14% 11.67% 12.05% -12.01% -27.95%
Construction 100.00% 100.00% 100.00% 43.33% 62.26% 32.77% 57.72% 47.34% 27.81% 58.93% 19.30%
Wholesale and retail trade, repair 18.09% 67.08% 47.54% 47.06% 45.78% 11.64% 31.37% 26.89% 12.05% 8.23% 5.51%
Hotels and restaurants 90.44% 54.48% 77.91% 67.55% 90.11% 1.35% 31.15% 27.52% 11.18% 12.01% -3.79%
Transport, storage, post and communication 35.94% 51.55% 69.57% 26.87% 24.43% -10.84% -9.68% 0.00% 0.00% 0.00% 12.08%
Information technology, communication 18.09% 30.65% 18.82% 30.72% 62.26% 11.64% -3.05% 3.53% -26.94% -12.18% -3.79%
Financial intermediation 69.93% 100.00% 87.96% 66.36% 49.67% 12.99% -8.76% 31.52% 11.18% -22.75% 19.30%
Real estate and business service activities 63.59% 90.91% 100.00% 78.97% 77.48% 78.57% 66.20% 38.56% 7.46% 30.97% 12.08%
8/A Over the next half year, how is your bank's credit risk evaluation of the
different economic branches likely to change? (net change indicator, positive:
worsening)
Agriculture, forestry and fishery 73.04% 54.97% 57.58% 68.71% 33.16% -9.49% 42.41% 19.34% 22.98% 3.94% 0.00%
Manufacturing 86.75% 78.14% 66.36% 46.16% 34.71% -1.22% 20.94% -11.76% -31.24% -37.93% -15.87%
Energy, public services 0.00% 15.78% 0.00% 15.44% 2.60% -11.55% -25.44% 0.00% 0.00% -15.78% -27.95%
Construction 100.00% 90.91% 66.36% 26.87% 66.00% 45.71% 34.42% 35.15% 0.00% 18.96% 19.30%
Wholesale and retail trade, repair 75.69% 67.08% 38.18% 47.06% 45.78% 11.64% 32.28% 27.48% -26.94% 18.96% -10.36%
Hotels and restaurants 79.49% 90.91% 39.72% 35.64% 58.41% 24.54% -10.85% 0.00% -27.81% -31.14% -3.79%
Transport, storage, post and communication 61.41% 90.91% 50.75% 26.87% 45.78% 12.99% 0.00% -11.83% 0.00% -27.20% -0.18%
Information technology, communication 55.18% 46.43% 0.00% 11.42% 30.56% 12.99% -10.85% 0.00% 0.00% -15.78% -15.87%
Financial intermediation 100.00% 81.81% 17.63% 49.74% 58.41% 12.99% 0.00% 0.00% 0.00% 0.00% 19.30%
Real estate and business service activities 100.00% 90.91% 66.88% 66.36% 78.62% 56.09% 45.68% 27.48% -15.76% 12.01% 12.08%
COMMERCIAL REAL ESTATE LOANS
1/A. Please indicate your bank’s willingness to grant commercial real estate
loans now as opposed to the past period. (net change indicator,
positive: increase)
Commercial real estate loans (total) 28.57% 0.00% 0.00% 14.29% 28.57% 14.29% 0.00% 0.00% -28.57% 0.00% -14.29% 14.29% -99.26% -74.75% -64.68% -76.80% -45.57% 11.37% 1.28% 13.84% 13.29% 8.93% 13.72%
Residential -42.86% -14.29% -14.29% -14.29% -100.00% -87.60% -73.95% -78.06% -59.62% 17.26% 1.28% 7.94% 1.31% 8.93% 5.71%
Logistics 14.29% 0.00% 0.00% 28.57% -99.26% -74.75% -64.68% -65.40% -45.57% 11.37% 0.00% 11.86% 11.98% 0.80% 8.00%
Retail (shopping centres) -28.57% 14.29% -14.29% 0.00% -80.97% -74.75% -64.68% -76.80% -46.95% 11.37% 8.29% 20.57% 13.29% 15.72% 13.72%
Offices -42.86% 14.29% 0.00% 14.29% -98.52% -85.96% -71.39% -63.05% -55.72% -10.13% 1.28% 13.08% 13.29% 14.92% 13.72%
1/B. Over the next half year how is your bank's willingness to grant
commercial real estate loans likely to change?
(net change indicator, positive: increase)
Commercial real estate loans (total) -95.67% -73.02% -64.68% -34.46% -45.57% 12.53% 2.47% -31.27% 13.29% -45.23% 13.72%
Residential -96.41% -75.56% -65.96% -48.21% -48.21% 5.89% 14.97% -43.90% 19.60% -34.09% 36.92%
Logistics -51.80% -28.19% -18.95% -46.95% -45.57% 12.53% 1.19% -39.22% 11.98% -53.35% 8.00%
Retail (shopping centres) -95.67% -74.75% -64.68% -34.46% -46.95% 18.98% 1.28% -31.27% 14.07% -45.23% 13.72%
Offices -95.67% -85.05% -64.68% -34.46% -44.49% -11.37% 1.28% -32.04% 13.29% -33.80% 26.13%
2/A Over the past period how did the following factors contribute to the
change in your bank's willingness to grant commercial real estate loans? (net
change indicator, positive: contributed to increase)
Changes in bank's current or expected capital position -43.87% -44.83% -45.73% -46.95% 0.00% 0.00% 1.28% 1.22% 1.31%
Changes in bank's current or expected liquidity -99.26% -74.75% -7.91% -5.96% 13.87% 12.48% 2.47% -51.39% 0.54%
Industry-specific problems -42.28% -55.17% -87.87% -78.06% -90.56% -91.23% -19.86% -4.68% -11.44%
Probability of a real estate bubble -79.92% -78.02% -86.43% -66.66% -66.66% -67.37% -14.79% 1.22% 0.54%
Competitive situation with other banks or non-banks 43.87% -19.97% -18.95% 46.95% 1.38% -18.50% -6.58% 7.94% 13.29%
Change in risk tolerance -100.00% -87.60% -72.50% -89.18% -90.56% -67.37% -65.42% -64.92% -1.31%
Market share goals -18.29% -19.97% -64.68% 0.00% 1.38% 0.00% 1.28% -43.90% 8.20%
2/B Over the next half year how are the following factors likely to contribute to
the change in your bank's willingness to grant commercial real estate loans?
(net change indicator, positive: contributes to increase)
Changes in bank's current or expected capital position -67.34% -45.65% -47.01% -1.26% -1.26% -1.24% 1.28% -5.51% -5.57%
Changes in bank's current or expected liquidity -96.41% -75.56% -20.23% -7.21% 11.23% 0.37% -12.41% 15.39% 15.55%
Industry-specific problems -98.20% -98.27% -86.43% -78.06% -46.83% -51.47% 0.09% -44.66% -6.35%
Probability of a real estate bubble -1.59% 3.42% -28.22% -66.66% -66.66% -67.37% -14.79% 0.45% 0.54%
Competitive situation with other banks or non-banks -18.29% -19.97% -18.95% 0.00% 1.38% 1.16% 9.48% 7.94% 13.29%
Change in risk tolerance -98.20% -73.84% -72.50% -66.66% -59.32% -36.35% -50.54% -53.05% 10.66%
Market share goals -62.16% -64.80% -64.68% 12.49% 1.38% 1.16% 2.47% 7.94% 1.31%
3/A Over the past period, how have your bank’s credit standards for approving
applications for commercial real estate loans changed?
(net change indicator, positive: tightening)
Commercial real estate loans (total) 42.86% 42.86% 42.86% 0.00% -14.29% 42.86% -28.57% 14.29% 14.29% 28.57% 14.29% 14.29% 55.39% 29.92% 72.67% 65.40% 46.95% 66.14% 65.42% 1.22% 1.31% 67.75% 6.71%
Residential 42.86% 42.86% 14.29% 28.57% 100.00% 75.56% 73.95% 78.06% 48.21% 67.37% 66.61% 1.22% 1.31% 55.52% 14.71%
Logistics 0.00% 14.29% 16.67% 14.29% 55.39% 29.92% 53.71% 65.40% 46.95% 66.14% 65.42% 13.08% 1.31% 67.75% 14.71%
Retail (shopping centres) 0.00% 0.00% 14.29% 14.29% 55.39% 29.92% 72.67% 65.40% 46.95% 66.14% 66.61% 12.31% 0.54% 66.95% 14.71%
Offices 28.57% 14.29% 14.29% 14.29% 99.26% 74.75% 72.67% 76.80% 46.95% 66.14% 66.61% 13.08% 8.20% 67.75% 14.71%
3/B Over the next half year how are your bank’s credit standards and terms of
commercial real estate loans likely to change? (net change indicator, positive:
tightening)
Commercial real estate loans (total) 42.86% 28.57% 57.14% -14.29% -14.29% 0.00% -42.86% 14.29% 42.86% 7 14.29% 0.00% 0.00% 85.62% 73.84% 20.23% 1.26% 46.83% 47.72% 49.26% -14.95% 0.00% 54.15% -8.00%
2002 H2 2003 H1 2003 H2 2004 H1 2004 H2 2005 H1 2005 H2 2006 H1 2006 H2 2007 H1 2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
Residential 42.86% 14.29% 14.29% 0.00% 85.62% 73.84% 65.96% 1.26% 48.21% 48.88% 50.45% -14.18% -11.40% 43.02% -23.20%
Logistics 14.29% 14.29% 0.00% 0.00% 84.88% 53.05% -1.45% 46.95% 45.57% 46.48% 49.26% -0.76% -0.78% 53.35% 0.00%
Retail (shopping centres) 14.29% 14.29% 0.00% 0.00% 85.62% 73.84% 65.96% 48.21% 48.21% 48.88% 50.45% -0.76% 10.62% 64.49% 23.20%
Offices 42.86% 14.29% -14.29% 0.00% 85.62% 73.84% 65.96% 48.21% 46.83% 47.72% 50.45% 0.00% 0.00% 54.15% 0.00%
4/A. Over the past period how did the following factors contribute to the
change in your bank's credit standards and terms of commercial real estate
loans? (net change indicator, positive: contributed to tightening)
Commercial real estate loans (total)
Changes in bank's current or expected capital position 0.00% 28.19% 18.95% 0.00% 0.00% 0.00% 0.00% 51.84% 6.88% 60.91% 0.00%
Changes in bank's current or expected liquidity 41.54% 29.92% 18.95% 18.45% 0.00% 0.00% -1.19% 0.76% 0.78% 53.35% 0.00%
Industry-specific problems 91.12% 87.60% 86.43% 78.06% 79.15% 98.84% 65.33% 11.86% 0.00% 65.58% 8.00%
Probability of a real estate bubble 89.32% 73.84% 73.95% 66.66% 66.66% 59.76% 65.33% 0.00% 0.00% 53.35% 0.00%
Competitive situation with other banks or non-banks 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -1.19% 0.00% 0.00% 0.00% 0.00%
Change in risk tolerance 100.00% 87.60% 73.95% 90.56% 66.66% 67.37% 65.42% 64.92% 1.31% 67.75% 18.13%
4/B Over the next half year how are the following factors likely to contribute to
the change in your bank's credit standards and terms of commercial real estate
loans? (net change indicator, positive: contributes to tightening)
Commercial real estate loans (total)
Changes in bank's current or expected capital position 12.58% 20.79% 20.23% 1.26% 1.26% 1.24% 0.00% 0.00% 6.88% 54.15% 0.00%
Changes in bank's current or expected liquidity 52.54% 22.51% 18.79% -0.12% 1.26% 1.24% -1.19% -14.17% -14.24% 54.15% 0.00%
Industry-specific problems 98.20% 73.84% 73.95% 60.70% 46.83% 47.72% 50.45% -14.18% -11.40% -11.13% -23.20%
Probability of a real estate bubble 76.74% 29.01% 28.22% 48.21% 48.21% 48.88% 50.45% 0.00% 0.00% 0.00% 0.00%
Competitive situation with other banks or non-banks 13.85% 44.83% 0.00% 0.00% 0.00% 0.00% -8.20% -6.73% 0.00% -0.80% -12.42%
Change in risk tolerance 89.32% 65.62% 64.52% 48.21% 46.83% 36.35% 49.26% -14.18% 0.00% 41.92% 0.00%
5/A Apart from normal seasonal variation, how has demand for commercial
real estate loans changed over the past period?
(net change indicator, positive: increase)
Commercial real estate loans (total) 57.14% 33.33% 14.29% 0.00% 28.57% -14.29% 0.00% -14.29% -42.86% 0.00% 14.29% 28.57% -100.00% -100.00% -28.22% -59.62% -59.62% -41.26% -54.33% 21.67% 31.04% 85.08% 76.74%
Residential -71.43% -14.29% -28.57% -14.29% -56.13% -100.00% -75.39% -60.99% -48.21% -22.77% -27.27% 22.89% 20.38% 87.77% 49.34%
Logistics -14.29% 0.00% 0.00% 57.14% -100.00% -55.17% -73.95% -59.62% -59.62% -37.51% -49.26% -11.10% 0.00% 0.80% 41.12%
Retail (shopping centres) -42.86% -14.29% -14.29% 14.29% -56.13% -100.00% -73.95% -59.62% -36.80% -29.90% -55.52% 7.49% 19.64% 13.03% 0.00%
Offices -14.29% 28.57% 42.86% 42.86% -47.25% -73.84% -73.95% -59.62% -59.62% -60.25% -61.35% 18.59% 18.86% 86.70% 53.54%
5/B Apart from normal seasonal variation, what is your bank’s view of the
likely behaviour of demand for commercial real estate loans during the next
half year?
(net change indicator, positive: increase)
Commercial real estate loans (total) 14.29% -14.29% -28.57% 28.57% 71.43% 0.00% 42.86% -42.86% -28.57% 0.00% 0.00% 0.00% -87.42% -73.84% -73.95% -35.72% -46.83% 29.79% 23.08% 33.53% 24.15% 78.32% 76.74%
Residential -71.43% -28.57% -42.86% 14.29% -87.42% -73.84% -75.39% -37.09% -48.21% -22.77% 37.46% 22.89% 13.49% 79.69% 74.45%
Logistics 28.57% 14.29% 0.00% 14.29% -43.55% -73.84% -73.95% -48.21% -46.83% 29.79% 66.51% 19.35% 19.64% 67.19% 41.12%
Retail (shopping centres) -28.57% -28.57% 0.00% -28.57% -87.42% -73.84% -73.95% -48.21% -48.21% 10.13% 7.01% 19.35% 12.75% 13.03% 45.54%
Offices -28.57% 14.29% 0.00% 0.00% -87.42% -73.84% -73.95% -47.12% -34.34% -0.08% 51.64% 11.86% 11.98% 66.39% 45.54%
6/A Over the past period how did the following factors contribute to the
change in demand for commercial real estate loans? (net change indicator,
positive: contributed to increase)
Commercial real estate loans (total)
Change in real estate investment activity -45.77% -98.37% -71.39% -57.10% -63.05% -46.40% -54.33% -42.03% 17.27% 20.01% 56.32%
Situation of the commercial real estate market -89.64% -98.37% -83.51% -75.54% -75.54% -58.89% -61.35% -56.21% -41.44% 42.72% 20.70%
Change in customer's own liabilities -48.10% -98.37% -83.51% 36.80% -22.64% -76.27% -77.51% -64.15% -66.70% -12.80% -18.13%
Competitive situation with other banks or non-banks -65.54% -70.08% -47.01% 45.69% 22.64% -12.61% -9.62% 0.45% 1.31% 41.97% 18.13%
Change in the level of interest rates -96.72% -96.64% -63.40% -17.19% -11.23% 1.24% 6.92% -64.92% -13.29% -27.15% -5.71%
6/B Over the next half year how are the following factors likely to contribute to
the change in demand for commercial real estate loans? (net change indicator,
positive: contributes to increase)
Commercial real estate loans (total)
Change in real estate investment activity -87.42% -75.56% -61.46% -39.06% -26.27% -21.61% 86.63% 85.37% 30.73% 85.08% 68.74%
Situation of the commercial real estate market -91.12% -87.60% -60.02% -64.19% -34.34% -36.35% 8.20% -32.49% 12.75% 67.19% 28.70%
Change in customer's own liabilities -98.52% -84.24% -71.39% -69.59% -10.15% -46.40% -62.63% -45.57% -0.54% -0.57% -18.13%
Competitive situation with other banks or non-banks -21.99% 0.82% 1.28% 36.80% 13.75% 48.88% 2.47% 1.98% 1.31% 56.32% 18.13%
Change in the level of interest rates -89.32% -73.84% -65.96% 10.15% -12.38% 37.40% 24.36% 19.80% 1.31% 13.60% 18.13%
7/A Over the past period how has your bank's commercial real estate loan
portfolio quality changed according to the following two factors? (net change
indicator, positive: worsening)
Commercial real estate loans (total) 76.53% 78.56% 86.24% 86.25% 76.80% 77.50% 73.62% 27.26% 31.57% 8.13% 22.71%
Residential 86.15% 87.60% 86.07% 86.13% 78.06% 78.74% 74.81% -6.24% 1.31% 75.31% 17.14%
Logistics 0.00% 21.69% 20.40% 66.77% 65.40% 47.64% 49.26% 0.00% 0.00% 0.00% 8.99%
Retail (shopping centres) 45.67% 78.56% 76.81% 76.80% 65.40% 47.64% 50.45% 26.04% 11.40% 0.00% 0.00%
Offices 1.80% 41.95% 86.24% 84.87% 76.80% 67.30% 73.53% 14.18% 30.26% 0.00% 0.99%
7/B Over the next half year how is your bank's commercial real estate loan
portfolio quality likely to change according to the following two factors? (net
change indicator, positive: worsening)
Commercial real estate loans (total) 47.25% 30.73% 87.52% 69.06% 48.21% 67.37% 65.33% 0.00% 61.07% -54.15% 0.99%
Residential 91.12% 75.56% 87.52% 69.06% 48.21% 77.58% 65.33% 0.00% 6.88% -54.15% 0.00%
Logistics 46.51% 29.92% 74.11% 48.33% 46.95% 66.14% 65.33% 0.00% -11.98% -0.80% -8.00%
Retail (shopping centres) 100.00% 87.60% 87.52% 60.99% 48.21% 67.37% 65.33% 0.00% 54.19% -0.80% 0.99%
Offices 100.00% 55.17% 87.52% 69.06% 1.26% 67.37% 72.34% 51.84% -11.98% -54.15% -11.43%
8
2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
FINANCING OF MUNICIPALITIES
1/A. Please indicate your bank’s willingness to grant loans or credit lines to
municipalities now as opposed to the last period. (net change indicator,
positive: increase)
Municipalities 0.00% -33.33% -71.70% -33.70% 21.50% 21.94% 25.91% 38.06% 31.46% -10.73% -13.78% -16.89% -55.99%
1/B. Over the next half year how is your bank's willingness to grant loans or
credit lines to municipalities likely to change?
(net change indicator, positive: increase)
Municipalities 33.33% 50.00% -81.55% -63.95% -23.43% -3.76% 83.69% 18.46% 8.31% 37.25% 5.9% -9.5% -56.7%
2/A Over the past period how did the following factors contribute to the change
in bank's willingness to grant loans or credit lines to municipalities? (net change
indicator, positive: contributed to increase)
Changes in bank's current or expected capital position 9.74% -17.63% 9.32% -5.07% 8.46% 10.13% -0.70% 11.66% -12%
Changes in bank's current or expected liquidity -62.08% -81.22% -50.58% -5.07% 12.78% -18.25% 22.80% 11.66% 0%
Economic outlook -90.26% -90.61% -76.34% -33.32% 25.91% 14.63% -30.78% 4.77% -18%
Industry-specific problems -20.88% -36.41% -85.66% -22.25% -20.67% 14.63% -51.66% -14.38% -26%
Competitive situation with other banks or non-banks 0.00% 0.00% 35.72% 33.01% 50.24% 38.06% 39.65% 13.11% 4%
Changes in risk tolerance -79.12% -90.61% -76.34% -55.26% -20.32% -32.88% -60.32% 12.27% -5%
Market share goals -37.24% -14.80% 0.00% 33.01% 50.24% 51.34% 43.73% 17.00% 10%
2/B Over the next half year how are the following factors likely to contribute to
the change in bank's willingness to grant loans or credit lines to municipalities?
(net change indicator, positive: contributes to increase)
Changes in bank's current or expected capital position -20.88% -36.41% -9.32% -23.49% -8.46% -10.13% -0.70% 23.89% -12.0%
Changes in bank's current or expected liquidity -81.55% -76.17% -69.22% 0.31% 24.53% -10.96% 22.80% 11.66% 0.0%
Economic outlook -100.00% -100.00% -69.22% -63.47% -4.11% 7.65% 3.91% 25.34% -29.0%
Industry-specific problems -53.02% -38.49% -64.16% -54.26% -33.45% -28.38% -51.69% -14.67% -84.8%
Competitive situation with other banks or non-banks -11.15% 0.00% 23.54% 33.01% 50.24% 51.34% 28.10% 25.02% 16.9%
Changes in risk tolerance -90.26% -90.61% -64.16% -78.06% -0.34% -9.46% -32.81% -4.21% -71.1%
Market share goals -48.39% -14.80% 14.34% 18.73% 50.24% 51.34% 43.73% 41.13% 16.9%
3/A Over the past period, how have your bank’s credit standards for approving
applications for loans or credit lines to municipalities changed?
(net change indicator, positive: tightening)
Credit standards and terms (total) 33.33% 50.00% 85.85% 86.15% 35.72% 95.55% 25.91% 56.31% 27.89% 35.19% 35% 29% 94%
Maximum maturity 72.16% 83.32% 83.56% 14.28% 50.90% 13.29% 39.44% 27.42% 35% 23% 56%
Maximum size of credit line -16.67% 50.00% 71.81% 86.15% 72.07% 86.34% 0.00% 0.00% 23.12% 11.66% 12% 33% 78%
Costs of credit line -16.67% 83.33% 100.00% 100.00% 100.00% 64.47% 9.64% 44.67% 23.84% 19.39% 23% 23% 45%
Spread 16.67% 66.67% 100.00% 76.17% 100.00% 87.27% -14.69% 21.25% 32.81% 35.19% 44% -11% 51%
Premium on risky loans 0.00% 66.67% 95.59% 100.00% 87.82% 87.27% 59.40% 56.31% 71.90% 43.53% 79% 44% 100%
Loan covenants -16.67% 50.00% 95.59% 95.54% 72.20% 95.55% 21.60% 56.31% 39.44% 67.49% 23% 35% 84%
Collateralisation requirements -16.67% 50.00% 95.59% 95.54% 72.20% 95.55% 83.72% 79.73% 60.35% 63.60% 56% 35% 89%
Required credit score (higher=tightened, lower=eased) 81.55% 95.54% 85.66% 100.00% 17.13% 43.02% 15.62% 35.51% 23% 41% 89%
Monitoring/data reporting requirement 81.55% 95.54% 85.66% 100.00% 59.36% 60.81% 28.45% 73.12% 40% 29% 62%
3/B Over the next half year how are your bank’s credit standards and terms of
loans or credit lines to municipalities likely to change? (net change indicator,
positive: tightening)
Credit standards and terms (total) 66.67% 16.67% 100.0% 63.95% 49.30% 62.54% 4.32% 0.00% 16.32% 55.55% 67% 39% 51%
Maximum maturity 72.2% 56.91% 49.30% 49.81% 0.00% 0.00% 4.05% 19.68% 11% 44% 44%
Maximum size of credit line 50% 33% 76.6% 61.37% 49.30% 49.81% 0.00% 0.00% 0.00% 55.87% 55% 56% 44%
Costs of credit line 33% 50% 100.0% 61.37% 49.30% 27.01% 4.35% 0.00% 12.27% 23.57% 0% 23% 44%
Spread 67% 50% 76.6% 26.07% 45.04% 53.33% -4.11% -0.67% 21.23% 11.34% 11% -23% 44%
Premium on risky loans 67% 67% 95.6% 76.17% 49.30% 90.79% 28.67% 60.44% 44.73% 35.79% 44% 67% 51%
Loan covenants 67% 33% 100.0% 100.00% 21.50% 62.54% 0.00% 0.00% 16.32% 23.89% 55% 67% 44%
Collateralisation requirements 67% 33% 86.0% 100.00% 25.76% 86.34% 37.80% 32.88% 48.78% 51.98% 67% 74% 83%
Required credit score (higher=tightened, lower=eased) 62.5% 76.17% 49.30% 62.54% 8.67% 0.00% 0.00% 20.00% 0% 41% 71%
Monitoring/data reporting requirement 81.6% 49.90% 85.66% 86.34% 50.90% 37.38% 37.07% 41.13% 17% 6% 56%
4/A. Over the past period how did the following factors contribute to the
change in your bank's credit standards and terms of loans or credit lines to
municipalities? (net change indicator, positive: contributed to tightening)
Changes in bank's current or expected capital position 46.98% 60.24% 32.87% 23.49% 8.46% 10.13% 23.84% 11.66% 12.02% 0.00% 22.95%
Changes in bank's current or expected liquidity 70.40% 95.54% 95.74% 36.22% 8.46% 43.02% 23.84% 11.66% 12.02% 0.00% 11.12%
Economic outlook 79.12% 90.61% 90.68% 100.00% -2.73% 4.50% 5.31% 29.22% 4.91% 73.68% 95.68%
Customer-specific problems 55.69% 90.61% 76.34% 100.00% 33.10% 60.81% 64.93% 72.83% 72.23% 73.68% 100.00%
Competitive situation with other banks or non-banks 0.00% 12.22% 26.52% 21.94% 8.46% 10.13% 0.00% 11.66% 0.00% 0.00% -0.15%
Changes in risk tolerance 100.00% 100.00% 100.00% 100.00% 33.10% 60.81% 52.66% 24.73% 60.72% 41.04% 89.47%
Market share goals 37.24% 14.80% 12.18% 21.94% 8.46% 10.13% 11.57% 11.66% 12.02% -0.67% -6.21%
4/B Over the next half year how are the following factors likely to contribute to
the change in your bank's credit standards and terms of loans or credit lines to
municipalities? (net change indicator, positive: contributes to tightening)
Changes in bank's current or expected capital position 58.12% 36.41% 9.32% 14.28% 0.00% 0.00% 23.84% 23.89% 12.02% 23.10% 11.68%
Changes in bank's current or expected liquidity 81.55% 60.24% 28.60% -9.52% -24.33% 9.46% 23.84% 23.89% 12.02% 12.04% 11.68%
Economic outlook 76.57% 100.00% 32.87% 63.47% 8.46% 14.63% 28.45% 4.77% 28.94% 61.64% 95.68%
Customer-specific problems 66.84% 90.61% 27.80% 63.47% -0.36% 47.52% 49.31% 61.21% 60.22% 95.79% 100.00%
Competitive situation with other banks or non-banks 11.15% 0.00% 0.00% -9.21% -8.46% -10.13% 0.00% -0.56% 0.00% -23.77% -0.15%
Changes in risk tolerance 100.00% 100.00% 37.13% 87.27% 8.80% 24.10% 49.31% 25.34% 48.70% 73.68% 71.57%
Market share goals 48.39% 27.02% 0.00% -9.21% -21.60% -10.13% 7.52% -0.56% 12.02% -12.71% 0.00%
5/A Apart from normal seasonal variation, how has demand for loans or credit
lines to municipalities changed over the past period?
(net change indicator, positive: increase)
Municipalities 50% 0% -18.4% 27.64% 62.06% 60.27% 40.28% 53.83% -7.63% -11.02% 33.26% 21.13% 32.18%
5/B Apart from normal seasonal variation, what is your bank’s view of the likely
behaviour of demand for loans or credit lines to municipalities during the next
half year?
(net change indicator, positive: increase)
Municipalities 0.33 0.17 -15.9% 33.06% 69.18% 87.27% 100.00% 55.48% -3.23% 52.75% 4.96% 61.15% 44.01%
6/A Over the past period how did the following factors contribute to the change
in demand for loans or credit lines to municipalities? (net change indicator,
positive: contributed to increase)
Changes in economic policy related to municipalities -14.0% 69.47% 9 27.80% 27.94% 15.95% 17.12% 20.23% -7.14% 29% -6% 20%
2007 H2 2008 H1 2008 H2 2009 Q1 2009 Q2 2009 Q3 2009 Q4 2010 Q1 2010 Q2 2010 Q3 2010 Q4 2011 Q1 2011 Q2
EU funds 33.2% 55.78% 83.56% 87.27% 53.41% 82.21% 76.19% 25.34% 72% 45% 22%
Change in customer inventory financing needs 47.2% 83.32% 100.00% 100.00% 62.20% 67.12% 88.46% 41.13% 100% 74% 88%
Change in customer accounts receivable financing needs 14.0% 50.85% 23.54% 50.81% 49.42% 52.84% 32.50% 41.13% 63% 63% 57%
Change in customer investment in plant or equipment 14.7% -9.13% 20.69% 34.56% 40.28% 40.54% 19.91% 25.34% -28% 1% -12%
Change in customer internally generated funds 84.4% 87.78% 85.66% 87.27% 61.77% 95.86% 56.00% 69.23% 100% 40% 72%
Competitive situation with other banks or non-banks 9.6% 14.80% 23.54% 33.01% 49.06% 45.19% 7.96% 29.22% 12% 12% 22%
Change in the level of interest rates 9.4% -31.48% -12.18% -12.73% 4.35% 27.56% -23.81% 11.66% 0% 0% 0%
6/B Over the next half year how are the following factors likely to contribute to
the change in demand for loans or credit lines to municipalities? (net change
indicator, positive: contributes to increase)
Changes in economic policy related to municipalities 25.7% 47.86% 54.84% 100.00% 66.55% 36.40% 39.68% 40.84% 24% -21% 38%
EU funds -1.2% 43.56% 83.56% 82.82% 54.59% 50.98% 72.14% 48.87% 72% 94% 34%
Change in customer inventory financing needs 63.6% 90.61% 90.68% 100.00% 95.65% 100.00% 56.00% 72.83% 89% 66% 55%
Change in customer accounts receivable financing needs 2.9% 38.63% 50.06% 60.02% 45.92% 51.34% 56.00% 40.53% 52% 44% 33%
Change in customer investment in plant or equipment -5.6% -9.13% 42.94% 78.37% 88.04% 42.19% 19.91% 52.75% -20% 1% -12%
Change in customer internally generated funds 68.9% 100.00% 100.00% 74.54% 74.90% 84.23% 56.00% 84.74% 100% 77% 60%
Competitive situation with other banks or non-banks 12.6% 36.41% 32.87% 23.80% 28.64% 60.80% -7.66% 29.22% 5% 22% 16%
Change in the level of interest rates -11.5% -28.65% -45.04% -12.73% 4.35% 15.77% -12.27% 29.22% 0% 12% 12%
7/A Over the past period how has your bank's municipal loan portfolio quality
changed according to the following two factors? (net change indicator, positive:
worsening)
Municipalities 37.5% 38.63% 78.50% 18.73% 0.00% 50.67% 53.39% 68.13% 72.23% 65.85% 82.10%
7/B Over the next half year how is your bank's municipal loan portfolio quality
likely to change according to the following two factors? (net change indicator,
positive: worsening)
Municipalities 76.2% 73.93% 78.50% 54.26% -4.35% 17.79% 49.34% 84.24% 76.50% 73.68% 88.32%
10