Skip to main content

Commercial Banks

(PDF PDF icon)

In May 2001, the net share of domestic and foreign commercial banks’ senior loan officers who reported tightening standards for commercial and industrial loans in 2001:IIQ fell to 50.9% for large and mid-size firms and 36.4% for small ones, the first slowdown in the tightening trend since 1999:IIIQ. This year’s first-quarter tightening was mostly reflected in higher spreads on riskier loans. Collateralization requirements and credit-line limits were affected least. The three most important reasons respondents gave for tightening their lending standards were a less favorable and more uncertain economic outlook, worsening of industry-specific problems, and lower risk tolerance.

Suggested citation: "Commercial Banks," Federal Reserve Bank of Cleveland, Economic Trends, no. 01-06, pp. 16-17, 06.01.2001.

Upcoming EventsSEE ALL

  • No Upcoming Events to display, please check back soon.