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The Banknorth Group of Maine announced plans on Tuesday to buy CCBT Financial Companies for $300 million in stock. Barring any unforeseen shareholder protests or regulatory hang-ups, the deal will go through by mid-2004. CCBT is the corporate parent to...
#bank#commercial lending#conference
HSBC assistant general manager and head of commercial banking Margaret Leung said the bank's loans to small- and medium-sized enterprises…
#bank#commercial lending#SME loans
Executives at GM Acceptance Corporation, the financial arm of General Motors, are considering suing Bank of New York (BoNY) in…
#bank#CIT#commercial finance
Leading Mexican banks Santander Serfin, Banco Bital and BBVA Bancomer have made only 30% of the 15,800 small business loans…
#BBVA#commercial lending#guarantees
Asset-based lenders expect loan demand to remain strong in 2003, after a year that saw business surge as corporate borrowers…
#bank#commercial lending#management
Chilean development bank Banco del Desarrollo aims to grow lending 8-10% next year, compared to this year's forecast 3.6% growth,…
#bank#commercial lending#Credit Agricole