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One of the most important roles commercial banks perform is to lend to small businesses. Such lending is vital to the regional economy because small businesses generally lack access to alternative sources of credit and because they account for a major share of job creation. Moreover, small...
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Bank credit, the sum of loans and securities at commercial banks, is widely viewed as providing information about the … few loans and purchasing too many securities. More recently, loan growth has picked up and securities growth has slowed, a … securities growth followed the same pattern in the district as the nation, but that loan growth in the district was much stronger. …
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During the last couple of years, concern has increased that the exceptionally rapid growth in business loans at commercial banks has been due in large part to excessively easy credit standards. Some analysts argue that competition for loan customers has greatly increased, causing banks to reduce...
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The banking industry has undergone substantial consolidation during the last 15 years, and that process has accelerated in the 1990s. One effect of this consolidation has been to greatly reduce the number of independent and locally owned banks. Some banks have been acquired by distant banking...
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In a long-awaited move, Congress enacted legislation last fall authorizing full interstate banking. While most states had already acted to allow some form of entry by outside holding companies, the new law was expected to hasten the spread of large multi-office banking organizations. Most...
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The average profitability of banks in Tenth District states edged up in 1987 after five years of decline. Agricultural banks showed the greatest recovery, combining faster loan growth with lower loan losses and higher profits.
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