Corporate delinquencies reached the highest rate since 2017

Corporate delinquencies are reported at the highest rate they reached for eight years.

Delinquency rate for US US loans and foreign companies arising 1.3% at the end of the quarter of 2017 but below 5% financial crisis, the financial period (FT) reported Monday (Feb 17), Citing data from Bank Registration Data.

The total amount of bank debt in which US business borrowers are at least one month later than $ 28 billion from one year ago, according to the report.

The report says the increase in interest rates remained high, astonishing some observers waiting for them to fall this year. A Pickup of Inflation in January and concerns about the impact of President Donald Trump’s suggested tariffs delayed with additional interest rate, reported.

Corporate bank loans are likely to be variable rate, so the expected reduction in interest rates gives relief to borrowers, reports.

Data from Bankregdata does not include loans from direct lenders and private credit funds, per report.

It was reported in January that the development of Commercial bank loans is the slowest it is from the 2008 financial crisis.

Commercial bank loans grow around 2.7% of 2024, which is more powerful than 2.3% increase in 2023.

Many bankers say that they hope to find the loan progress later this year, which warms the optimism of clients and other signs.

Bank of America said in an income in January call that Commercial Loans There are 5% year in the fourth quarter field and that debt and growth in growth in the present year should outpace last year.

JP Morgan Chase A user of January calls have progress with the development of SIMENTIN IN BUSINESS And that balance sheets of small businesses are healthy.

Citi seriously Jane Fraser A January’s income says that in the United States, “growth is not only driven by a higher consumer ending but also a strong and innovative Corporate sector. “