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Bank loans, deposits rise slightly in a sign of lending stability

Por: MarketWatch Politics August 05, 2023

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Bank deposits, meanwhile, climbed by $3.3 billion last week to $17.34 trillion. Deposits peaked at $18.21 billion in mid-April. Key details: Commercial and industrial loans — a key economic driver — edged up by $2.9 billion to $2.75 trillion. All of the increase took place at large U.S. banks. Smaller banks slightly reduced these loans. These types of business loans had peaked at $2.82 trillion in March before the collapse of Silicon Valley... + full article



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