Lending Review. June 2011

CONTENTS

SUMMARY

LOAN GROWTH IN THE EURO AREA, FINLAND AND SWEDEN

FINANCING OF COMPANIES IN ESTONIA

The impact of the economic environment on financing
Internal cash flows
External financing
Domestic borrowing

FINANCING OF HOUSEHOLDS IN ESTONIA

The economic situation of households
The financial behaviour of households

FACTORS AFFECTING THE LOAN SUPPLY OF BANKS

Funding resources
Banks' loan supply
Loan interest rates
Other factors affecting loan supply
Annex 1. The results of the Bank Lending Survey in the first quarter of 2011