Amadeusz Juskowiak

New york business loans fall 195 mln dlrs

Commercial and industrial loans on the books of the 10 major New York banks excluding acceptances fell 195 mln dlrs to 6506 billion in the week ended February 18 the Federal Reserve Bank of New York said

Including acceptances loans declined 114 mln dlrs to 6589 billion

Commercial paper outstanding nationally dropped 375 mln dlrs to 33663 billion

National business loan data are scheduled to be released on Friday

Reuter