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US Bank Business Loans Up $5.1 Billion In Latest Week

fxbom.com
00:37 PM

WASHINGTON -(Dow Jones)- U.S. banks’ commercial and industrial loans increased $5.1 billion to about $1.277 trillion in the week ended Aug. 3, the latest week for which data are available, the Federal Reserve said Friday.

That followed a $7.8 billion increase the previous week.

Jumbo certificates of deposit fell $73.6 billion to about $1.599 trillion in the latest weekly data, after falling $24.2 billion the previous week. Revolving home equity loans fell $300 million to $558.4 billion after falling $1.7 billion the previous week.

More weekly Fed statistics on the banks’ assets and liabilities will be available on the Internet at: www.federalreserve.gov/releases/h8/Current

-By Jeff Bater, Dow Jones Newswires; 202 862 9249 ; jeff.bater@dowjones.com

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