Weekly C&I Loans Fell $5.1 Billion

U.S. banks' commercial and industrial loans decreased $5.1 billion, to about $1.238 trillion in the week ended July 14, the latest for which data is available, the Federal Reserve said Friday.

This came after a $6.5 billion increase the previous week.

Jumbo certificates of deposit rose $17.8 billion, to about $1.762 trillion, in the latest data, after falling $4.3 billion the previous week. Revolving home equity loans fell $300 million, to $596.2 billion, after rising $1.7 billion the previous week.

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