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ABN AMRO reports drop in loan production

For the third quarter of 2004, loan production totaled $11.9 billion, which was down from $38.2 billion for third quarter 2003. September, in particular, witnessed a plummet from $9.1 billion to $3.6 billion.

Every business channel for AAMG experienced significant production losses. InterFirst Wholesale Lending dropped 69%, National Lending Center dropped 78%, Standard Federal Bank and LaSalle Bank dropped 63%, and Financial Institutions Group dropped 38%.

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