Some U.S. banks eased underwriting for business loans to large firms, but standards for small businesses remained the same, according to the July 2012 Senior Loan Officer Opinion Survey on Bank Lending Practices released Monday by the Federal Reserve.
Loan demand from large and middle-market firms strengthened over the past three months, but demand from small businesses was unchanged during the same period.
A modest fraction of banks reported that they had eased lending standards on commercial real estate loans over the past three months, while a relatively sizable fraction, on net, continued to indicate that demand for such loans had strengthened, the Fed said.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
