1. Latest News
  2. Submit Press Release
  1. PR Home
  2. Latest News
  3. Feeds
  4. Alerts
  5. Submit Free Press Release
  6. Journalist Account
  7. PRNewswire Distribution

Bank of America planning to Hire 1000 Small Business Lenders

The largest U.S. bank, Bank of America, is planning to hire 1,000 employees by 2012 as a part of its commitment to small businesses. The first phase of hiring small business bankers in the 5 banking centers Los Angeles, Baltimore D.C, Washington.

 
PRLog - Jan. 5, 2011 - The largest U.S. bank, Bank of America, is planning to hire 1,000 employees by 2012 as a part of its commitment to small businesses. The first phase of hiring small business bankers in the 5 banking centers Los Angeles, Baltimore and Washington, D.C., Bank of America CEO also added that Hiring will continue in other locations across the country throughout 2011.

Small businesses always plays a vital role in driving innovation and growth in our economy, so Bank of America will help to create more certainty, more confidence and more opportunity for small businesses in all of our markets. The hired small business bankers will serve in the locations, making them uniquely qualified to work with these businesses and advice owners on deposits, credit and cash management.

Bank of America has provided $45.4 billion as credit to small as well as medium-sized companies during the first half of 2010 and is expected to increase lending to those businesses by $5 billion in later 2010. Moreover Bank of America is the nation's largest investor into CDFIs, with more than $1 billion in loans

One of the world’s largest financial institutions Bank of America, serving individual consumers, small, middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management services. The company provides unmatched convenience in the United States, serving approximately 57 million consumer and small business relationships with over 6000 retail banking offices.

# # #

Free Online Accounting for Small Business. Accounting made easy with Numia
http://numia.biz
support@numia.biz

--- End ---

Click to Share

Contact Email:
***@hiox.com Email Verified
Source:Numia
Industry:Accounting
Tags:Small Business, bankers, lenders
Shortcut:prlog.org/11196968
Verified Account Email Address

Disclaimer:   Issuers of the press releases are solely responsible for the content of their press releases. PRLog can't be held liable for the content posted by others.   Report Abuse

Trending News...



  1. SiteMap
  2. Privacy Policy
  3. Terms of Service
  4. Copyright Notice
  5. About
  6. Advertise
Like PRLog?
9K2K1K
Click to Share