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Thursday, August 28, 2014

ABA Statement on FDIC’s Second Quarter Bank Earnings Report

ABA's Chief Economist James Chessen said, “We continue to see a strong, steady improvement for America’s banking industry, headlined by a sharp increase in business loans and a dramatic improvement in the quality of bank portfolios. Banks are well positioned to continue their role as critical economic drivers, supporting job growth and business expansion. Banks have ample capacity and are ready and willing to meet increased loan demand as business and consumer confidence improves.”

Read the full release.

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