In the past two years, commercial loans
held by FDIC-insured financial institutions increased by USD 330bn.
The finance ministry had informed parliament in June this year that it would obtain $1 billion as commercial loans
during 2017-18 that will end in June next year.
As part of the transaction, Bank of Ireland will acquire a EUR 274m portfolio of performing commercial loans
, comprising over 1,000 customers in the SME, Agriculture and CRE sectors.
2 April 2013 -- Puerto Rico-based bank holding company First BanCorp (NYSE: FBP) said that its FirstBank Puerto Rico subsidiary has entered into three separate agreements to sell a total of USD 532m of unpaid principal balance in commercial loans
or USD 315m of book value for a total price of USD 201m, or 38% of unpaid principal balance.
CIT president, Nelson Chai, said, 'We are pleased to be able to acquire a pool of commercial loans
that complements our existing corporate finance portfolio and will further expand our middle market customer base.
With 14 offices throughout the United States and Canada, Column has closed over $50 billion in commercial loans
Waterbury-based Webster Bank has announced that it has appointed a head for commercial loans
The lender in this case is another national mortgage company to which NYMC sells both closed and brokered residential and commercial loans
Chris Hurn, chief executive officer of Mercantile Capital Corporation, said the firm has closed on 68 commercial loans
The firm extended a total 24 loans during the first three months of this year, including six commercial loans
for projects worth over USD31.5m in March.
15--The Mortgage Bankers Association of New Jersey will hold a breakfast, entitled "Commercial Lending Basics--Learn What You Need to Know to Originate and Sell Commercial Loans
," from 8:30 a.m.
In this position, Doyle responsibilities will include developing new business and assisting in the overall growth of the bank with regards to commercial loans