C&I Lending Fell $9.4B in Oct. 7 Week

U.S. banks' commercial and industrial loans fell $9.4 billion, to about $1.39 trillion, in the week ended Oct. 7, the latest for which data is available, the Federal Reserve said Friday.

This came after a $12.2 billion decline the previous week.

Jumbo certificates of deposit rose $3.8 billion, to about $1.89 trillion in the latest weekly data, after shrinking $14.1 billion the previous week.

Revolving home equity loans fell $400 million, to $601 billion, after falling $1.5 billion the previous week.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER