The CCP is a quarterly survey that aims to gather additional information on the behavior and trends observed in the bank credit market. The qualitative information obtained complements the set of quantitative statistics available to this institution, which are more frequently available, aimed at achieving a better understanding of the factors that influence the evolution of loans granted by the financial system.
This survey asks a group of financial institutions, during the first half of March, June, September and December, about the evolution of their credit supply and the demand they face. The questions address the performance of credit to companies and households, focusing on the changes observed in the current quarter compared to the immediately previous period, as well as those expected during the next three months. In the case of companies, large firms, SMEs, as well as up to and over 1 year are consulted on the performance of lines. With regard to families, an opening is made for mortgage, pledge, credit cards and other consumer loans.
From now on, and on a quarterly basis, the BCRA will publish in the Publications and Statistics / Statistics / Credit Conditions Survey section of this website a report with the analysis of the main results of each ECC wave. Updated tables will be included with historical results since its inception (end of 2009). On this occasion, the results for the second quarter of 2016 – obtained from the survey carried out between June 16 and July 7, 2016 – would indicate that a bias towards the contraction of the demand of companies and families would soon cease to be observed, while some flexibility would be observed on the financing supply side.
The information obtained through the CCP is a relevant tool in the BCRA’s periodic monitoring of financial stability conditions. Likewise, the publication of the results of the CCP contributes to the policy of transparency in communication of this institution, making complementary information available to the general public for decision-making.
To learn more about the characteristics of the Credit Conditions Survey, click here.
