Journal Article
A review of bank performance in the Fifth District, 1987
Abstract: Profits at Fifth District commercial banks declined significantly during 1987. But the Fifth District decline pales in comparison with the dramatic fall in profitability for banks in the rest of the nation. Much of the decline in both Fifth District banks and throughout the nation was due to increased loan loss provisions at large banks, mostly against expected losses on Third World loans.
Keywords: Banks and banking; Federal Reserve District, 5th;
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Economic Review
Publication Date: 1988
Volume: 74
Issue: Jul
Pages: 13-18