Remove Course Remove Lending Remove National Remove Taxes
article thumbnail

The Recency Trap and Building Deposit Balances

South State Correspondent

One of the lessons that was driven home at the recent American Banker Small Business Banking Conference in Nashville was the difference in marketing between large national banks and community banks, particularly deposit marketing. Recency Trap Experiment Of course, please don’t take our word for it. There is a reason for this.

Marketing 195
article thumbnail

Can The US Follow China’s COVID Comeback?

PYMNTS

The Chinese retail economy is on the comeback trail, lending optimism to the thinking that the U.S. Earlier this week the Chinese National Bureau of Statistics announced that August retail sales rose for the first time this year by 0.5 The cuts included tax exemptions, lower bank interest rates and reduced prices for utilities.

US 154
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Greenfield Opportunity Looms In India For Online Financing

PYMNTS

With an eye on what could be called a true greenfield opportunity, alternative lending platform Biz2Credit is launching its small business lending products in India. There, of course, remain some issues to be handled that are partly cultural, and Biz2Credit is aware of what gaps exist in reaching out to nascent businesses, said Arora.

Online 100
article thumbnail

Get An Education Loan For Your Kid’s Higher Studies

BankBazaar

Any Indian national between the ages of 18 to 35 years who wish to pursue any graduate/postgraduate/diploma/technical course. A co-applicant is mandatory for applying for an education loan for courses abroad. Sometimes, vocational training courses such as aviation and air-hostess training courses are also taken into account.

Study 78
article thumbnail

Retail Crisis In U.S., U.K. A Fizzle For 2020?

PYMNTS

These retailers — the surviving ones, of course — are in for an even rockier road if an economic downturn materializes. National Returns Day : The dawn of the new year heralds a spike in returns of unwanted gifts. But online lending companies are seeing a surge in digital loans — up 19 percent year over year in 2019.

Retail 131
article thumbnail

Will The Coronavirus Unleash Corporate Debt Contagion?

PYMNTS

As he told PYMNTS, consider the hypothetical situation in which a company with $50 million in annual revenues has after-tax income of $20 million. Of the lenders (who are in turn fueled by savers looking for rates of return), Flum said: “We want to know when lending money, this is a pure mathematical relationship.

Marketing 175
article thumbnail

Happy Returns

Independent Banker

Greg Steverson (left) successfully manages a $100 million institutional investment portfolio for Ledyard National Bank in Norwich, Vt. Greg Steverson, Ledyard National Bank. Greg Steverson, executive vice president, chief operating officer and chief financial officer for Ledyard National Bank in Norwich, Vt.,