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Monday, November 4, 2013

Banks Report Little Change to Loan Demand

The Federal Reserve’s Senior Loan Officer Survey indicated that banks standards on business loans have remained the same over the past three months. The survey, released today, covers August through the end of October.



A net 8.3% of respondents reported easing lending standards on business loans to large businesses over the time period, while 7.1% of respondents reported easing lending standards on business loans to small businesses over the same time period. Despite the eased standards, loan demand was relatively neutral. Demand from medium borrowers was down slightly according to 1.4% of respondents. Demand from small businesses remained unchanged, as it has been in the last three months.

Underwriting standards on mortgages were slightly improved the past three months with a net 8.7% of banks report easing standards. Demand for residential loans remained unchanged.

Read the Federal Reserve release.

3 comments:

Shawn Marker said...
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Shawn Marker said...
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Shawn Marker said...
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