Congratulations to Sterling Savings Bank, Washington State's second largest bank, who raised $730 million from private equity which looks like will allow them to survive. Going forward the bank will concentrate more on consumer banking and lending to small and medium businesses and less on construction and real estate lending. To read more click here.
Sunday, August 22, 2010
Congratulations to Sterling Bank
Congratulations to Sterling Savings Bank, Washington State's second largest bank, who raised $730 million from private equity which looks like will allow them to survive. Going forward the bank will concentrate more on consumer banking and lending to small and medium businesses and less on construction and real estate lending. To read more click here.
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