"Certainly there are always outliers, and some banks would undoubtedly be hurt by rising rates,"
Greenspan told the Senate banking committee.
"However, the industry appears to have been sufficiently mindful of interest rate cycles and not to have exposed itself to undue risk."
"Many banks indicate that they now either are interest-rate neutral or are positioned to benefit from rising rates," Greenspan said.
Banks had adjusted their investments with a view to rising interest rates, he said.