The Y/Y increase in loans is slower than it has been in the past, but at least its positive and shows that banks are getting back to business as usual.
Tuesday, June 12, 2012
Are Banks Lending?
At least one sign that the US banking system is significantly healthier than it was a few years ago is that loans have continued to grow steadily in 2012. Several years ago, we spent a lot of time concerned about whether and when US banks would ever start lending again and why they weren't lending.
The Y/Y increase in loans is slower than it has been in the past, but at least its positive and shows that banks are getting back to business as usual.
The Y/Y increase in loans is slower than it has been in the past, but at least its positive and shows that banks are getting back to business as usual.
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