[Federal Register Volume 62, Number 113 (Thursday, June 12, 1997)]
[Notices]
[Page 32122]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-15326]


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FEDERAL RESERVE SYSTEM


Agency Information Collection Activities: Submission to OMB Under 
Delegated Authority

Background

    Notice is hereby given of the final approval of proposed 
information collections by the Board of Governors of the Federal 
Reserve System (Board) under OMB delegated authority, as per 5 CFR 
1320.16 (OMB Regulations on Controlling Paperwork Burdens on the 
Public). The Federal Reserve may not conduct or sponsor, and the 
respondent is not required to respond to, an information collection 
that has been extended, revised, or implemented on or after October 1, 
1995, unless it displays a currently valid OMB control number.
FOR FURTHER INFORMATION CONTACT:
Chief, Financial Reports Section--Mary M. McLaughlin--Division of 
Research and Statistics, Board of Governors of the Federal Reserve 
System, Washington, DC 20551 (202-452-3829)
OMB Desk Officer--Alexander T. Hunt--Office of Information and 
Regulatory Affairs, Office of Management and Budget, New Executive 
Office Building, Room 3208, Washington, DC 20503 (202-395-7860)
    Final approval under OMB delegated authority of the extension for 
three years, without revision, of the following reports:
    1. Report title: Senior Loan Officer Opinion Survey on Bank Lending 
Practices
Agency form number: FR 2018
OMB Control number: 7100-0058
Frequency: Up to six times per year
Reporters: Large U.S. commercial banks and large U.S. branches and 
agencies of foreign banks
Annual reporting hours: 1,008
Estimated average hours per response:  2.0
Number of respondents: 84
Small businesses are not affected.
    General description of report: This information collection is 
voluntary (12 U.S.C. 248 (a), 324, 335, 3101, 3102, and 3105) and is 
given confidential treatment (5 U.S.C. 552(b)(4)).
    Abstract: The FR 2018 is conducted generally by means of telephone 
interview by a Federal Reserve Bank officer having in-depth knowledge 
of the area of bank lending practices, with a senior loan officer at 
each respondent bank. The reporting panel consists of sixty large 
domestically chartered commercial banks, distributed fairly evenly 
across Federal Reserve Districts, and twenty-four large U.S. branches 
and agencies of foreign banks. The survey seeks primarily qualitative 
information pertaining not only to current price and flow developments 
but also to evolving techniques and practices in banking. A significant 
fraction of the questions in each survey consists of unique questions 
on topics of timely interest. There is the option to survey other types 
of respondents (such as other depository institutions, bank holding 
companies, or corporations) should the need arise. The FR 2018 is a 
very important tool for monitoring and understanding the evolution of 
lending practices at banks and developments in credit markets 
generally.
    2. Report title: Senior Financial Officer Survey
Agency form number: FR 2023
OMB control number: 7100-0223
Frequency: Up to four times per year
Reporters: Commercial banks, other depository institutions, 
corporations or large money-stock holders
Annual reporting hours: 240
Estimated average hours per response: 1.0
Number of respondents: 60
Small businesses are not affected.
    General description of report: This information collection is 
voluntary (12 U.S.C. 225a, 248(a), and 263); confidentiality will be 
determined on a case-by-case basis.
    Abstract: The FR 2023 requests qualitative and limited quantitative 
information about liability management and the provision of financial 
services from a selection of sixty large commercial banks or, if 
appropriate, from other depository institutions or corporations. 
Responses are obtained from a senior officer at each participating 
institution through a telephone interview conducted by Federal Reserve 
Bank or Board staff. The survey is conducted when major informational 
needs arise that cannot be met from existing data sources. The survey 
does not have a fixed set of questions; each survey consists of a 
limited number of questions directed at topics of timely interest.
    Board of Governors of the Federal Reserve System, June 6, 1997.
William W. Wiles,
Secretary of the Board.
[FR Doc. 97-15326 Filed 6-11-97; 8:45 am]
BILLING CODE 6210-01-F