Not exact matches
In 1995, when Father Bernard McCoy moved in to the Cistercian Abbey of Our Lady of Spring
Bank in
rural Sparta, Wis., he had much
more to do than pray for nearly five hours a day: He needed to figure out how to earn enough money to keep the abbey going.
The proposal, which gives the industry until March 30 to comment, would expand the definition of «small»
banks and credit unions and «
rural» areas to allow
more institutions to get relief under the mortgage rules.
«We expect countries with young populations, supportive regulations and fast mobile Internet speeds and planned migration to 5G to be best positioned,» says Graseck, adding that
banks serving urban populations may have
more latitude to consolidate branches than those focused on
rural populations.
Bank of America highlighted one distinction:
Rural business owners are
more confident about the economy, while urban business owners are
more upbeat about revenue, growth and hiring trends.
Rabobank Group is a global financial services leader providing wholesale,
rural and retail
banking, leasing, and real estate services in
more than 40 countries worldwide.
More than 30 small business owners in
rural Texas were interviewed, among them a young woman who borrowed from her father to open a specialty cake business after being discouraged by a
bank; and an elderly woman who built a restaurant and banquet hall, investing her own money when
banks» terms were too difficult and interest rates too high, Mencken said.
Because this is a difficult indicator to measure, and even the World
Bank and IFC's Lighting Global Technical and Quality Assurance tests do not track this, the GOGLA metrics ensure that we are being
more cautious about product lifetime in
rural Africa and not over-claiming impact.
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Munish Sharda, managing director and CEO of Future Generali India Life Insurance, said his company is looking for tie - ups with
more banks in the
rural market as well as with large
banks, whenever opportunities open for distribution.