WASHINGTON, Nov 3 (Reuters) - Most U.S. and foreign banks tightened lending standards to businesses and households over the last three months amid economic uncertainty and weakened capital positions, the Federal Reserve said on Monday.
The Fed's October senior loan officers report, a closely watched three-monthly survey of lending conditions, also noted that many banks had made it tougher to qualify for a prime residential mortgage or a credit card.
"In the current survey, large net fractions of domestic institutions reported having continued to tighten their lending standards and terms on all major loan categories over the previous three months," the Fed said.
About 85 percent of domestic banks tightened standards on commercial and industrial loans to large and middle-market firms since July, the survey said, while 95 percent of U.S. banks tightened the cost of credit to this class of borrower.
(Reporting by Alister Bull; Editing by Chizu Nomiyama ) Keywords: USA FED/LOANS

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