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US bank deposits rose, loans ticked down in latest week -Fed data

US bank deposits rose, loans ticked down in latest week -Fed data

US bank deposits rose, loans ticked down in latest week -Fed data 150 150 admin

(Reuters) – Deposits at U.S. commercial banks rose in early April, continuing a stabilizing trend after large outflows following last month’s failure of two large regional banks and worries about the safety of the banking system as a whole.

Federal Reserve data released on Friday showed deposits at all commercial banks rose to $17.43 trillion in the week ended April 5, on a non-seasonally adjusted basis, from $17.35 trillion a week earlier. Loans and leases ticked down to $12.06 trillion from $12.07 trillion a week earlier.

(Reporting by Ann Saphir; Editing by Chris Reese)

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