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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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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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Asia Closes In On UK In Forex Market Dominance

PYMNTS

.’s share of the global currencies trading market dropped to 37.1 percent, reports by Financial Times said late last week — that’s down from 41 percent in 2013. BIS found that, together, Singapore, Tokyo and Hong Kong snagged a hefty portion of the market away from the U.K., China Rises.

Marketing 100
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CRE Credit Risk – What You Need To Know Now

South State Correspondent

While the market focuses on deposits and liquidity, media pundits and analysts are waiting for credit problems to appear. 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). touched off a wave of bankruptcies.

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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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Apple Losing Key Executives In India

PYMNTS

Apple is struggling in its efforts to boost market share in India, with Bloomberg reporting that the firm had lost key executives in the country in recent weeks. Bloomberg reported Apple’s market share in India stands at about 2 percent. In all of 2017 it sold 3.2

Apple 100
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CFPB hires Assistant Director for Office of Small Business Lending Markets; announces other senior leadership additions

CFPB Monitor

The announcement included the news that the CFPB has filled the position of Assistant Director for the Office of Small Business Lending Markets. The leadership additions announced by the CFPB were the following: Grady Hedgespeth will serve as the Assistant Director for the Office of Small Business Lending Markets.