Bank Business Loans Rose $6.9 Billion in Latest Week

Posted by admin on February 10th, 2012

U.S. banks’ commercial and industrial loans increased $ 6.9 billion to about $ 1.360 trillion in the week ended Feb. 1, the latest week for which data are available, the Federal Reserve said Friday.

That followed a $ 2.3 billion increase the previous week.

Jumbo certificates of deposit rose $ 200 million to about $ 1.513 trillion in the latest weekly data, after rising $ 4.1 billion the previous week. Revolving home equity loans rose $ 800 million to $ 548.0 billion after falling $ 400 million the previous week.

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