Forbes -
31 Aug 2015 19:54

The U.S. banking industry continues to benefit from increased lending activity over Q2 2015, with data compiled by the Federal Reserve showing that the total loan portfolio for all commercial banks swelled at an annualized rate of 7% for the period. This follows 8.4% growth in the first quarter, and is the fifth consecutive quarter for which loans grew by more than 6%. While commercial loans remained the primary driver of this growth, the second quarter also benefited from a notable uptick in re...
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