October saw a general continuation of last month’s loan growth and pricing trends. Total commercial loan balances contracted sharply this month, particularly in the smaller-end of the market. The credit risk profile of new/renewed commercial loan volume continued to deteriorate, as the benefit of government stimulus programs began to abate. Spreads on new and renewed commercial loans generally widened year over year, perhaps reflecting less aggressive competition than seen in years past.
Thank you for your interest in the Commercial Loan Pricing Trends Newsletter November 2020. This issue can be downloaded below.
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Automated Financial Systems, Inc. (AFS) 123 Summit Drive Exton, PA 19341 Phone: +1 610 524 9300
Automated Financial Systems, Inc. (AFS) 79 chaussée de Charleroi, 3e et 4e étage, 1060 Bruxelles, Belgium Phone: +32 472 135 295
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