Banks in the U.S. saw increased demand from businesses andconsumers for lending and in turn made those loans more readilyavailable, according to a Federal Reserve report.

“Domestic banks, on balance, reported having eased their lendingstandards on many types of business and consumer loans and havingexperienced increases in loan demand, on average, over the pastthree months,” the Fed said today in its quarterly survey of seniorloan officers.

The survey shows banks loosening the reins of credit for manycategories of lending, including commercial real estate, commercialand industrial loans for firms of all sizes, credit cards, autoloans, and other consumer loans. An exception was declining demandfor mortgages.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 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.