
The prognosis for the future?
If commercial bank loaning does not pick up, commercial bank income will fall.
When will commercial bank loaning pick up?
Good subject, but the answer is not an simple one. Too, to get an answer, it seems as if we need to go to both sides of the desk: to those that are difficult loans and to those that are supplying loans.
Present seem to be four issues that are keeping loan insist from growing. Initial, of course, is that a lot of people and companies are still annoying to climb out of the financial hole in which they have found themselves over the past three years. We motionless have foreclosures and bankruptcies ongoing at a very rapid pace even although they are still below record levels. We still have huge amounts of unemployment as well as underemployment. Plus we still have large numbers of American families and businesses with extremely poor credit records.
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