US BANK
US BANK
U.S. Banks not so tight on giving loans – Federal Reserve
Submitted by Mark Menell on Tue, 02/02/2010 - 11:12.
Economy
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Banking Sector
Featured TNM United States
U. S. Federal Reserve said on Monday that most U. S. banks stopped tightening standards on many loan types at the end of last year. The Banks even made it easier for consumers to get some loans, but borrowers did not show any enthusiasm to come to the banks for loans.
Because of this, the credit problems can grow up for the banks in United States, the Fed said in its quarterly survey of Senior Loan Officers. Most banks reported that demand for most types of loans is weakening further.
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