Bank of England Credit Conditions Survey: Responses to Consultation

The Bank of England confirmed today that it plans to launch a quarterly Survey of Credit Conditions to support its analysis of monetary conditions and financial stability.
Published on 11 December 2006

This follows a consultation exercise undertaken over the past few months.

The Survey will be broadly similar to those carried out by the Federal Reserve Board, the ECB and the Bank of Japan. It will cover mortgage lending, unsecured lending to households, and corporate lending. Bank and non-bank lenders will be invited to participate, being asked qualitative questions about lending conditions in these three markets. For example, lenders would be asked whether terms had eased or tightened. The Bank will publish aggregated results.

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