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ABA white paper: banking industry recovering

An American Bankers Association white paper released this month shows the banking industry appears to be in recovery mode.

The white paper, prepared by the ABA economics department, demonstrates the industry averages for all three regulatory capital ratios have risen to historically high levels and more than 80 percent of banks in the country were profitable in the first quarter of 2011. That number is up from just 65 percent during the fourth quarter of 2009.

You can read the ABA white paper by clicking here.

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