In addition to assessing a large bank’s retail lending and community development activities in each facility-based assessment area, we also propose to evaluate whether banks have branches in low-income and moderate-income census tracts. In particular, the agencies propose providing positive qualitative consideration if banks operate branches located in Native Land Areas.
The negative impacts of the European debt crisis and the U.S. “fiscal cliff” continued to ferment. Major economic entities adopted loose monetary policies consecutively. Coupled with the problems and threats triggered by other geopolitical factors, the global financial situation was further complicated and looked opaque. Under the interaction of all risks, global economic recovery was moribund.