Overview of Credit Access
According to the latest quarterly survey results from BAM, a significant 93% of manufacturers across various sectors have deemed access to bank financing as 'normal' in the fourth quarter of 2025.
However, the textile and leather industries stand out, with 14% of respondents indicating that credit access is 'difficult'.
Credit Costs and Sectoral Insights
The survey also highlighted that the cost of credit remained stable, as reported by the businesses surveyed. In the mechanical and metallurgy sectors, 88% of manufacturers noted stability in credit costs, while 12% reported a decrease.
In the agri-food sector, these figures were 72% for stability and 20% for a decline. Conversely, the chemical and para-chemical industries reported 92% stability and 8% indicating an increase.
The textile and leather sectors showed a split, with 63% reporting stability and 37% noting an increase in credit costs.
Investment Spending Trends
Regarding investment expenditures, manufacturers indicated that these costs remained stable overall. Sector-specific trends revealed increases in the agri-food and chemical sectors, stagnation in the textile and leather industries, and a decline in mechanical and metallurgy.
Investment financing was primarily sourced from internal funds, accounting for 66%, while 34% was financed through credit.
Future Investment Expectations
Looking ahead to the next three months, manufacturers anticipate an increase in investment spending across all sectors, signaling a positive outlook for economic activity.
