Senior Loan Officer Opinion Survey on Bank Lending Practices (SOSLP)

DEFINITION of 'Senior Loan Officer Opinion Survey on Bank Lending Practices (SOSLP)'

A quarterly survey completed by 75 banks consisting of 53 domestic and 23 foreign branches operating in the United States. The Senior Loan Officer Opinion Survey on Bank Lending Practices (SOSLP) gathers information on how officials feel about policy changes made, possible future policy changes and changes in supply/demand for certain products. The survey is completed in time to be discussed at the quarterly Federal Open Market Committee (FOMC) meetings.

BREAKING DOWN 'Senior Loan Officer Opinion Survey on Bank Lending Practices (SOSLP)'

The 2009 survey focused on the change in demand and supply of loans, changes in the available lines of credit and the use of interest rate floors being set for floating rate loan agreements. All topics discussed related to both personal and commercial customers. For a complete reading of the survey results visit the Federal Reserve Board website.

RELATED TERMS
  1. Bank Lending Survey

    A questionnaire circulated by a country's central banking authority ...
  2. Country Exposure Lending Survey

    A periodic survey published by the Interagency Country Exposure ...
  3. Consumer Credit Delinquencies Bulletin

    A quarterly newsletter targeted to CEOs, senior bank executives ...
  4. Loan Committee

    The lending or management committee of a bank or other lending ...
  5. Functional Cost Analysis (FCA)

    A voluntary survey provided by the Federal Reserve Board outlining ...
  6. Foreign Branch Bank

    A type of foreign bank that is obligated to follow the regulations ...
Related Articles
  1. Markets

    Does the Empire State Index Signal a Recession?

    This morning, the New York Federal Reserve Bank reported the worst numbers in six years for its August 2015 Empire State Manufacturing Survey, indicating not only a potential economic slowdown ...
  2. Markets

    What You Need To Know About The Employment Report

    This widely watched indicator of economic well-being directly influences the market.
  3. Markets

    How Banks Set Interest Rates on Your Loans

    Many factors go into how banks set interest rates for loans. Use this information to negotiate the best possible rate when you're borrowing.
  4. Markets

    Understanding the Bank Rate

    Bank rate is a term describing the interest rate a country’s central bank charges its domestic banks on loans it makes to them.
  5. Personal Finance

    An Insight Into American Personal Loan Habits (DFS)

    A survey commissioned by Discover Personal Loans reveals interesting information about American financial habits.
  6. Financial Advisor

    Do Senior Loans Belong in Your Porfolio? (BKLN, BXFZX)

    Fixed income is supposed to be a stable part of an investment portfolio. How do senior loans fit in and at what risk?
  7. Personal Finance

    How To Apply For a Personal Loan

    Learn about different avenues for applying for a personal loan, and learn valuable tips to help you get your personal loan application approved.
  8. Markets

    Why Banks Don't Need Your Money to Make Loans

    Contrary to the story told in most economics textbooks, banks don't need your money to make loans, but they do want it to make those loans more profitable.
  9. Investing

    Understanding Term Loans

    A loan from a bank for a specific amount that has a specified repayment schedule and a floating interest rate.
  10. Markets

    Forces Behind Interest Rates

    Get a deeper understanding of the importance of interest rates and what makes them change.
RELATED FAQS
  1. How do commercial banks make money?

    Learn the different ways commercial banks make money, including interest from loan products and banking fees charged to customers. Read Answer >>
  2. What economic indicators are important to consider when investing in the banking ...

    Find out which economic indicators are most useful for investors in the banking sector, especially those influenced by central ... Read Answer >>
  3. I am considering taking a loan from my qualified retirement plan. What is the definition ...

    For the purposes of a qualified plan loan, the reasonable rate of interest that the Department of Labor provides is one consistent ... Read Answer >>
  4. What are the pros and cons of life insurance policy loans?

    Find out the pros and cons of borrowing against your life insurance policy to help you decide if this loan type is the right ... Read Answer >>
  5. To what extent do banks have exposure to different business lines?

    Learn how banks are exposed to risk and what the different types of exposure mean. Find out about the 2014 U.S. commercial ... Read Answer >>
  6. Which is better, a fixed or variable rate loan?

    A variable interest rate loan is a loan in which the interest rate charged on the outstanding balance varies as market interest ... Read Answer >>
Hot Definitions
  1. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  2. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  3. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  4. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
  5. Underweight

    1. A situation where a portfolio does not hold a sufficient amount of a particular security when compared to the security's ...
  6. Russell 3000 Index

    A market capitalization weighted equity index maintained by the Russell Investment Group that seeks to be a benchmark of ...
Trading Center