Banks tighten credit-card standards, loosen terms for business loans: Fed survey

The numbers: About 17% of banks have eased standards and terms on business loans to large firms in the second quarter, according to senior bank loan officers surveyed by the Federal Reserve. More than 10% eased those conditions somewhat for small firms.

For consumers, 6.5% of banks reported they had tightened standards on credit card loans. Standards for residential real estate and auto loans remained unchanged.

The Fed surveyed officers at 72 domestic banks.


Leave a Reply

Your email address will not be published. Required fields are marked *