Still waiting for business lending revival: ASB

Fri, 12 Feb 2021

Business sentiment is improving but it hasn't yet tipped over into appetite for borrowing, according to ASB Bank chief executive Vittoria Shortt."I think the sentiment is changing but we haven't yet seen that play through into a material shift in demand for lending," Shortt told BusinessDesk.While economic data has been surprisingly strong lately, most businesses are still assessing the environment and the ongoing impact of the covid-19 pandemic. That data included the unemployment rate falling to 4.9 percent in the Decem...

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