Title

Fleet Bank currently has the lowest loan-to-asset ratio of Maine's four largest

Authors

Source

Maine Times

Date

8-13-1993

Pages

7

Abstract

Fleet Bank currently has the lowest loan-to-asset ratio of Maine's four largest banks, with a 57 percent rate as opposed to a 68 percent rate among all Maine banks. Fleet is making less commercial loans than it has in the past, yet by borrowing funds from the Federal Reserve and investing in government securities it has been able to increase earnings through June 1993 over 1992. Details.

Subjects

Banks and banking, Fleet Bank

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