Latest News for: Banking construction

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Citrus loses 'icon' in death of Ed Gerrits

Citrus County Chronicle 13 May 2021
Edward Gerrits was an FBI agent, bank chairman of the board, cattle rancher, developer and, often behind the scenes, supporter of political interests ... Gerrits at Citizens First National Bank, which Mr ... He worked with the FBI as a special agent for five years, then returned to Miami to work with his father’s construction business, Edward J.
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River City Bank Announces Expanded Lending Footprint With Promotion of Dan Franklin to Director of ...

Daily Freeman 13 May 2021
Concurrent with the expansion of the Bank’s geographic target market for CRE lending, the Bank has promoted to Director of Commercial Real Estate ... About River City Bank ... River City Bank ... PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES OTHER CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE FINANCE CONSTRUCTION & PROPERTY BANKING.
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COVID-19: Chhattisgarh stops major construction projects, cancels tenders for new assembly building

Live Mint 13 May 2021
In view of a surge in COVID-19 cases, the Chhattisgarh government on Thursday cancelled tenders for the construction of the new assembly building and also stopped work on major projects in the state ... Today, all these construction works have been stopped in these times of crisis," Chief Minister Bhupesh Baghel tweeted.
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Last-mile funding cleared for stressed housing projects

Live Mint 13 May 2021
This fund is bridging the trust deficit between homebuyers and developers by completing construction and delivering homes without depending on any other source of finance," the statement said ... The minister said it will provide employment to construction workers and will provide impetus to the allied industries such as steel and cement.
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BlackRock obtains wealth management license

Shenzhen Daily 13 May 2021
fund giant said yesterday its wealth management venture with a unit of China Construction Bank (CCB) and Singapore state investor Temasek can now start business ... Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), said in March that Chinese regulators welcome more foreign entry into China’s financial sector.
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Kingston City Land Bank offers three houses again for sale

Daily Freeman 13 May 2021
— The Kingston City Land Bank says it has made it easier for interested buyers to qualify to purchase one of the three houses currently being renovated and offered for sale. The land bank is renovating single-family houses at 64 Van Buren St., 248 Main St ... This is the second time the land bank has offered the three properties for sale.
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Touchstone Bank Adds to the Richmond-MSA Team

Johnson City Press 13 May 2021
Harper has over 8 years of executive banking experience, most recently with SunTrust's (now Truist) Central Virginia Commercial Banking Group ... Harper worked with companies in the Engineering & Construction, and Building Materials sectors at BB&T Capital Markets ... is the bank holding company for Touchstone Bank.
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Credit institutions asked to tighten loans in “overheating” sectors: SBV

Vietnam News 13 May 2021
The State Bank of Vietnam (SBV) has requested local credit institutions and foreign banks’ restrict lending concentration for real estate and construction, Build-Operate-Transfer (BOT) and the consumption sector ... .
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BlackRock’s China Wealth Management Venture Cleared to Start Business

Caixin Online 13 May 2021
A joint venture in which BlackRock holds 50.1% received approval from the China Banking and Insurance Regulatory Commission (CBIRC) to start business, BlackRock said Wednesday. China Construction Bank owns 40% of the venture while Singapore’s state fund Holdings Pte ... Bank.
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Apex Clean Energy completes sale of Michigan wind projects

Power Technology 13 May 2021
Apex Clean Energy has concluded the sale of its Isabella wind projects to DTE Energy ... Apex Clean Energy president and CEO Mark Goodwin said ... KeyBank and CoBank provided construction loans for the Isabella Wind projects ... Sumitomo Mitsui Trust Bank is the lender. During the construction phase, the facilities are expected to create more than 350 jobs ... ....
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CX Daily: China’s Central Bank Seeks to Calm Inflation Jitters

Caixin Online 13 May 2021
China’s central bank seeks to calm inflation jitters ... The China Banking and Insurance Regulatory Commission (CBIRC) in a notice specified four asset-disposal avenues for trust companies ... named a former vice president of China Construction Bank (CCB) as its new chairman, filling a 20-month vacancy, Caixin learned from sources familiar with the matter.
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RESCON: Eliminate extra costs of building new homes

Toronto Sun 13 May 2021
Sadly, we are well behind other countries when it comes to dealing with construction permits. The World Bank ranks Canada 64th in the world, behind Thailand, Estonia, Singapore, Lithuania, Kazakhstan and Mongolia ... Total residential construction has surged 22.5 per cent in the past ...
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A stablecoin monetary order may end US dollar dominance

Live Mint 13 May 2021
Using smart contracts on networks like Ethereum and Solana, an entirely new financial system is under construction. Such architecture aims to cut out the need for traditional banks, brokers, insurance companies and exchanges for many processes, including collateralized borrowing and lending, market-making, insurance underwriting and trading.
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Shanghai Composite Index Fell 0.96% on Thursday

Caixin Online 13 May 2021
China’s benchmark Shanghai Composite Index (000001.SH) lost 0.96% on Thursday, while the Shenzhen Component Index (399001.SZ) fell 1.05% ... · Opinion ... World’s largest asset manager benefits from opening of vast financial market along with partners China Construction Bank and Singapore’s Holdings ... · China’s Central Bank Seeks to Calm Inflation Jitters ... .
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Bihar extends Covid-19 lockdown: What’s allowed and what’s not

Hindustan Times 13 May 2021
UPDATED ON MAY 13, 2021 07.40 PM IST ... Also Read . Bihar extends Covid-19 lockdown by 10 days till May 25 ... Here’s a look. ... Exemptions include banking and insurance services, non-banking financial services, industrial and construction works, e-commerce, agriculture, print and electronic media, telecommunication, petrol and LPG filling stations etc ... ....
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