Banks Increase Lending
Banks Increase Lending
A number of large banks in the US have recently increased their lending to businesses, according to a report in the Wall Street Journal, a move economists view as a sign of economic recovery. JPMorgan Chase, for example, is reporting a 7 percent increase in lending to companies with revenues between $10 million and $500 million this year.
A separate report from Moody's Analytics showed commercial and industrial lending rose 0.2 percent from the third quarter to the fourth, to $1.2 trillion. Although the 0.2 percent number seems small, it was the first quarterly increase in the data since the financial crisis broke out late in 2008. Moody's projects that such lending will grow another 3 percent in 2011.
A number of large banks in the US have recently increased their lending to businesses, according to a report in the Wall Street Journal, a move economists view as a sign of economic recovery. JPMorgan Chase, for example, is reporting a 7 percent increase in lending to companies with revenues between $10 million and $500 million this year.
A separate report from Moody's Analytics showed commercial and industrial lending rose 0.2 percent from the third quarter to the fourth, to $1.2 trillion. Although the 0.2 percent number seems small, it was the first quarterly increase in the data since the financial crisis broke out late in 2008. Moody's projects that such lending will grow another 3 percent in 2011.
Comments
Top Stories
Latest DT's
-
1 month ago by Geno -
1 month ago by dallaseste
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
1 month ago by Geno
-
2 months ago by dallaseste
Top Authors
Subscribe
Games
Alias
3 Foot Ninja 2
ALIAS 2
Air Dodge
Battle Tanks
Bomber Bob
Cable Capers
Gem Mania
Hacker
Hostile Skies
Mission Mars
Bowling
Samurai Warrior
The Pharoh's Tomb
Monkey Lander
Muay Thai
Action
Donkey Kong Banana Barrage
501 Dart Challenge
Rooftop Skater
Zelda
Donkey Kong
Xtreme Pinball
Tetris
Connect 4
Battleships
Frogger
Penguin Push
Online Video Poker
Spank The Monkey
Mob Pay Back
Dealer
Yeti Sports Seal Bounce
Hold Your Drink Steady
Solitaire
Canyon Glider
3D Sudoku
Metal Slug Rampage
Street Fighter II
Flashman
Disc Golf
Table Tennis
Ninja Air Combat
Celebrity Hitman Terrorist Alert
Spider Solitaire
Tubin
Presidential Knockout
Global Player
Ma Balls
Baseball
Beckham Fit
0 Comments
Click here to sign up now.