Business activity in the banking sector expanded marginally in November, a sixth consecutive month of improved momentum, according to industry executives surveyed for American Banker's latest Index of Banking Activity.

The IBA's November overall reading of 55.8 compared to 55.7 in October. The IBA is a product of American Banker's regular surveys of bank executives and is published in partnership with VantageScore Solutions. The November index was based on 253 responses.

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