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Impact of Covid-19 Felt in the Shared National Credit Reviews Released by Bank Regulators

Perficient

” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Total Criticized. (SM SM + SS + D + L). Total Committed. Total Outstanding.

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LankaClear and JCBI Partner to Establish National Card Scheme in Sri Lanka

Let's Talk Payments

Colombo and Tokyo, June 22, 2017 – (ACN Newswire) – LankaClear (Private) Limited (LankaClear), an organization incorporated in 2002 and owned by the Central Bank of Sri Lanka (CBSL) and.

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PSCU Sponsors Credit Union Cherry Blossom Run, Fundraiser

PYMNTS

since 2002, donating more than $8 million. Roughly one-third of the money brought in will benefit the Children’s National Hospital in Washington, D.C. The race is also part of the National Cherry Blossom Festival and includes a 5K run-walk and kids’ half-mile run. Credit unions (CUs) across the U.S.

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Australia To Test Coronavirus Vaccine; US Doctor Claims To Have Potential Cure

PYMNTS

Australia’s national science agency plans to test a pair of vaccines over the next 90 days, part of a global race to stop the coronavirus pandemic. As researchers scramble for a cure, a doctor featured in “Pandemic,” a Netflix documentary, announced his team may have discovered a coronavirus cure which will now be tested by the U.S.

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Buying into AML risks in real estate

Abrigo

 Ever since 2002, when real estate professionals were granted an exemption from anti-money laundering (AML) requirements, there has been an ongoing struggle to apply more AML regulations to the real estate sector. According to the National Association of Realtors, there were more than 106,000 real estate brokerage firms in the United States.

El Paso 195
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Supply Chain Bottlenecks Impact Shipments To Stores, Warehouses

PYMNTS

The Hackett Associates and National Retail Federation Global Port Tracker report registered the highest volume in August on the books going back to 2002. In August, international container shipping volumes were up 34.2 percent as compared to February, WSJ reported, citing Container Trade Statistics.

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US Economy Could Lose $10B To Chinese Travel Ban 

PYMNTS

Since the 2002 SARS outbreak, Chinese tourism to the U.S. The National Health Commission in China reported 20, 438 confirmed cases, including 15 in Hong Kong and eight in Macao through the end of Monday. Big cities like Los Angeles and New City are also expected to take a big hit. has gone up 1,270 percent to 2.8 billion loss in U.S.