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Fifth Third Bancorp, Huntington Bancshares Inc. And Keycorp See Loan-Book Rebound

Thursday, July 22, 2010 - 8:59 PM
From the Wall Street Journal
Earnings from regional banks showed a credit rebound that extends to Ohio and the Southeast, two areas that struggled for two years with loan losses.

In Ohio, which suffered badly during the recession, Fifth Third Bancorp, Huntington Bancshares Inc. and KeyCorp all said their loan books improved during the quarter.

This is a little bit of good news which may help improve deposit rates. The more loans banks make, the more they'll need to attract deposits.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708