Central Bank of Chile reports stable Q2 2025 bank credit standards with easing in consumer lending and stronger mortgage demand

The Central Bank of Chile published the second quarter 2025 results of its Bank Credit Survey, indicating that banks’ credit granting standards remained broadly stable versus the previous quarter across household and corporate segments, with some easing in consumer credit. Perceived demand strengthened for housing loans, while demand for consumer credit and small and medium-sized enterprises (SMEs) was more subdued. On the supply side, the share of banks reporting more favourable conditions for consumer credit rose from 8% to 17% and those reporting tighter conditions fell from 8% to 0%, while all banks reported unchanged mortgage lending standards. For firms, all surveyed banks reported no change in standards for SMEs and the share reporting tighter standards for large companies fell from 7% to 0%; conditions for construction were unchanged, and the share reporting more restrictive standards for real estate companies was broadly stable at 9%. On demand, the share reporting stronger consumer credit demand fell from 8% to 0% (with 17% still reporting weaker demand), while the share reporting stronger mortgage demand increased from 9% to 18% and no bank reported weakening; SME demand weakened further (banks reporting weaker demand rose from 27% to 36%), and demand from construction and real estate companies continued to weaken but less than in the previous quarter. The survey is based on responses collected from banks between 23 June and 2 July 2025 from executives responsible for credit areas, and the data are available through the Central Bank’s Statistical Database.