As the housing market crumbles and recession fears dog the broader economy, bankers are concerned local commercial lending will be next.
Commercial-oriented lending totaled $46 billion as of Sept. 30, 2007, and accounts for 28 percent of metro Atlanta's $162 billion loan market, according to the Federal Deposit Insurance Corp.
Bankers are already noting loans for commercial purposes -- either the development of commercial real estate (called CRE) or for business expansion (known as C&I) -- are widely expected to be the next to have repayment problems.
"We're expecting a deterioration in both CRE and C&I throughout this year, influenced by the broader economy and residential real estate," said Doug Williams, CEO of Atlantic Capital Bank.
http://www.bizjournals.com/atlanta/stories/2008/02/18/story9.html
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