Blaming lack of credit for the poverty of many Native Americans, President Clinton on Thursday urged financial firms to aggressively pursue lending on tribal lands.

"Very few grocery stores, gas stations, restaurants, and banks are doing business on reservations," he said at a White House conference on improving living standards in Indian communities. "As a result, money that could be used to build tribal economies and creating jobs is spent too often off the reservations."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.