Wisconsin Banking Update
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Fed Survey Addresses Loan Demand, Standards
Posted on August 18th, 2009 No commentsU.S. banks extended fewer business loans in the second quarter, largely because of weaker demand for loans and deteriorating creditworthiness. According to a quarterly Federal Reserve survey of senior loan officers, a smaller percentage of banks tightened their loan standards from May through July than was true in the previous three months. Read more in the Business Journal of Milwaukee.
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