Define: Bank Lending Survey

A bank lending survey is a regular data collection process conducted by central banks or other regulatory authorities to gather information on the lending activities of banks within a specific jurisdiction.

Central banks conduct bank lending surveys to monitor and analyze trends in bank lending, assess the overall health of the banking sector, and inform monetary policy decisions.

Information collected in a bank lending survey may include data on loan volumes, interest rates, credit standards, and loan performance across different categories such as consumer loans, mortgages, and business loans.

In most cases, participation in bank lending surveys is mandatory for banks within the jurisdiction of the conducting central bank or regulatory authority.

The frequency of bank lending surveys can vary, but they are typically conducted on a quarterly or semi-annual basis.

The data collected from bank lending surveys is used by central banks and regulatory authorities to assess the overall credit conditions in the economy, identify potential risks to financial stability, and inform monetary policy decisions.

The results of bank lending surveys are often published by the conducting central bank or regulatory authority in the form of reports or statistical releases.

Banks may have access to aggregated data from bank lending surveys through public reports or data releases, but they may not have access to the specific data submitted by other banks.

Banks that fail to comply with bank lending survey requirements may face penalties or sanctions from the conducting central bank or regulatory authority.

Banks can ensure compliance with bank lending survey requirements by maintaining accurate and timely records of their lending activities and submitting the required data according to the specified reporting deadlines.