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The FDIC's 2023 Risk Review shows the surprising resilience of community banks despite inflation and shifting interest rates

Summary by Ground News

The FDIC recently released its Risk Review for 2023. Rising interest rates, coupled with inflation, have affected bank balance sheets. Christos Makridis: Community banks have fared much better than their larger counterparts. He says small banks are better positioned to maintain the trust and loyalty of their borrowers.

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The FDIC's 2023 Risk Review shows the surprising resilience of community banks despite inflation and shifting interest rates

There is a growing recognition that small banks are better positioned to maintain the trust and loyalty of their borrowers.

2 years ago·New York, United States

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Fortune broke the news in New York, United States 2 years ago on Monday, September 11, 2023.

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