Survey of finance companies, 1996

James D. August, Michael R. Grupe, Charles A. Luckett and Samuel M. Slowinski

Federal Reserve Bulletin, 1997, vol. 83, issue Jul, 543-556

Abstract: Finance companies are major suppliers of credit to consumers and businesses. The sector is made up of roughly 1,250 nondepository financial institutions, with 20 firms accounting for three-fourths of the receivables. The Federal Reserve System has been surveying the assets and liabilities of finance companies, typically at five-year intervals, since June 1955. This article summarizes the results of the 1996 survey. Special features of that survey are a breakdown of automobile leases into consumer and business components and, relative to previous surveys, greater detail on the composition of real estate credit and more information on securitized loans and leases.

Keywords: Finance; companies (search for similar items in EconPapers)
JEL-codes: G23 (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgrb:y:1997:i:jul:p:543-556:n:v.83no.7

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DOI: 10.17016/bulletin.1997.83-7-1

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