Business activity in the banking sector improved significantly in September, rising for the fourth consecutive month, according to industry executives surveyed for American Banker's latest Index of Banking Activity.

The IBA's September overall reading of 55.4 compared to 53.9 in August. The IBA is a product of American Banker's regular surveys of bank executives and is published in partnership with VantageScore Solutions. The September index was based on 235 responses.

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