Manufacturers Bank
Manufacturers Bank is now a wholly-owned subsidiary of SMBCAH and is referred to as “A Member of SMBC Group.” The Bank reported net income for the six months ended June 30, 2019 of $16.3 million, an increase of $4.3 million, or 35.8%, compared to $12.0 million for the same period in 2018. Manufacturers Bank focuses on relationships and offers: Deposit Services, Business Lending, Cash Management, Fiduciary Banking, International Trade Finance, Foreign Exchange, Franchise Lending, Quick Service Restaurant Lending, Truste & Estate, Non Profit, Treasury and Mobile Banking.
Manufacturers Bank - Recent News & Articles
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The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...
In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...