Credit supply in Chile was more restrictive during the second quarter due to COVID-19

Credit supply in Chile was more restrictive during the second quarter, which is due to the spread of the COVID-19 pandemic in Chile and its strong impact on the economy, according to a survey by the Central Bank. The survey revealed that in loans for housing financing, the perception of higher standards for respondents increased from 55% to 82%, while for companies it rose from 79% to 93%.

Source: Reuters