Credit To Tighten At Record Pace
Consumer lending in the euro zone will shrink by 6.6% this year, the fastest pace on record, with banks’ balance sheets contracting at a record margin as well, according to Ernst & Young.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast