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14.04.2016 22:30:00
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Moody's: US regional banks with exposure to energy sector are feeling the impact of low oil prices
New York, April 14, 2016 -- The low price of oil is hurting the credit strength of US regional banks with significant exposure to energy companies, says Moody's Investor's Service. The financial stress on the sector is leading some banks to increase loan provisions, suggesting an increased likelihood of credit losses.
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