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As U.S. Banks Recover From The Recession, Loan Growth Remains Weak, Article Says Feb 12
Standard & Poors, Feb 2012
Abstract
NEW YORK (Standard & Poor's) Feb. 7, 2012--A close look at U.S. bank loan trends indicates that new lending is far from being on solid footing, said Standard & Poor's in an article published today, titled 'U.S. Bank Loans: Battling Back From The Recession As Growth Remains Weak.' Standard & Poor's examined lending for the industry in the current economic recovery and compared that with recovery periods following past recessions. 'We found that in the current recovery, the strength in lending is still largely in the resurgent commercial and industrial loan segment and has yet to extend more meaningfully into other segments,' said Standard & Poor's credit analyst Devi Aurora. 'Our current outlook calls for overall tepid loan growth of...
Action: General Comment
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
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