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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Spotlight on lending: Commercial loan growth geographically

Abrigo

Nationally, the picture is a fine one. banks is up $157 billion from the same period in 2013. The list identified a significant uptick in commercial and industrial lending in the South, as 7 of the 15 community banks included are located in the region. Specifically for businesses, are commercial loans on the rise?

Lending 186
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How Singapore Is Fueling A ‘Smart Nation’

PYMNTS

Singapore is on a mission to build up a Smart Nation by utilizing innovation and technology to create opportunities and strengthen communities. Startups are estimated to employ nearly 300,000 on the island nation. Singapore is poised to become the world’s first country to make the notion of a “Smart Nation” an actual reality.

National 133
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CRE Credit Risk – What You Need To Know Now

South State Correspondent

CRE Risk Background While ten years ago, community and regional banks use to make up some 55% of the CRE market, in 2023, these banks now compose approximately 72% (below). While national banks took the brunt of subprime mortgage losses, in the years (2008-2013) following the Great Recession, credit risk spread to CRE.

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Brazil’s Big Blockchain Bounce (And Other Digital Payments Advances)

PYMNTS

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . Founded in 2013, Nubank currently claims 8.5 But before partaking in blockchain bacchanal …. While Nubank is far from a household name in the U.S.,

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Asia Closes In On UK In Forex Market Dominance

PYMNTS

percent, reports by Financial Times said late last week — that’s down from 41 percent in 2013. That’s up from just 15 percent in 2013. According to the publication, the shift underscores “the growing importance of the Asian region and of China in particular in global trade.” China Rises. ’s $2.4

Marketing 100
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Apple Losing Key Executives In India

PYMNTS

Citing people familiar with the matter, Bloomberg reported that key executives who have left the company include the national sales and distribution chief, the head of commercial channels and mid-market business and the head of telecom carrier sales.

Apple 100