News from 2023-05-02 / KfW Research
KfW-ifo Credit Constraint Indicator Q1 2023
Credit constraints decreased at the start of the year
German businesses are able to access credit more easily again. The KfW-ifo Credit Constraint Indicator for the 1st quarter of 2023 is considerably below the previous high levels. Still, one quarter of small and medium-sized enterprises still perceive the behaviour of banks in loan negotiations as restrictive. Credit access therefore remains more difficult than average. The easing of lending policies is mainly attributable to the deescalation of the energy crisis. Loan defaults become less likely as a result of the improved economic risk situation.
Share page
To share the content of this page with your network, click on one of the icons below.
Note on data protection: When you share content, your personal data is transferred to the selected network.
Data protection
Alternatively, you can also copy the short link: https://www.kfw.de/s/enkBbm2u.C5zA
Copy link Link copied