U.S. banks tightened loan standards in Q1 as coronavirus outbreak took hold
Loan officers at U.S. banks
reported significantly tightening standards and terms on
business loans in the first three months of the year as the
coronavirus outbreak in the United States began to shutter large
parts of the economy and millions became newly unemployed.
reported significantly tightening standards and terms on
business loans in the first three months of the year as the
coronavirus outbreak in the United States began to shutter large
parts of the economy and millions became newly unemployed.
Posted by Reuters
