ReleaseWire

NPH will Allow Social Media Activity for more than 3,500 Representatives

Only a few short months ago, JPMorgan Chase traders were on such a roll that they did not have a single losing day in the first quarter.

Deposits held by local six banks including top lender Kookmin Bank amounted to 810.5 trillion won (US$761 billion) as of end-June, up 24.8 trillion won from the end of last year, according to the data.

Repeal of Reg Q on July 21 will increase competition for Demand Deposit Accounts and will require a new type of competitive intelligence on account structure and pricing.

China's CPI rose 5.5% in May 2011, the highest in past 34 months. In response to the inflation, the People's Bank of China has raised the reserve-requirement ratio by 0.5% since 20 June 2011.

Coldwell Banker Commercial TradeMark Properties has announced that Jay Sprayberry, commercial real estate advisor at the firm, represented the buyer of an 8,988 square-foot Dollar General, located at 1903 Weeksville Road in Elizabeth City, N.C., which closed at $780,000. The Dollar General (NYSE: DG) represents the nation’s largest “small-box retailer,” with more than 8,800 stores in 35 states.

Michael G. Carlton, president of Crescent State Bank, a wholly owned subsidiary of Crescent Financial Corporation, (NASDAQ Global MarketSM), has announced that Gary L. Williams has been named vice president, branch sales manager for the bank’s Preston office in Cary. In this position, Williams will oversee office operations and provide sales and management expertise to enhance current banking and loan relationships. In addition, Williams will serve as the chairperson for the Crescent State Bank Cary Junior Bank Board, which aims to help Cary High School students develop leadership skills and teach them the fundamentals of banking and the business community.

Select Commercial Funding LLC provides $600,000 funding for a commercial mortgage located at 1401 Willingham Drive, Eastpoint GA

To help companies avoid mistakes related to flex programs, Life Meets Work has scheduled a webinar to help managers, HR and work-life leaders better measure flex program success. The webinar has been scheduled on May 10th, 2011 from 12 Noon to 1:30 PM CST.

Banking assets are anticipated to grow at a CAGR of around 14% during 2011-2014, says RNCOS in its latest research report.

Select Commercial Funding LLC provides $501,000 funding for a commercial mortgage located at 76 West Main St, Patchogue NY

Select Commercial Funding LLC provides $1,600,000 funding for a commercial mortgage located at 6323 Luzon Avenue NW, Washington DC

Select Commercial Funding LLC provides $800,000 funding for a commercial mortgage located at 3921 Kansas Avenue NW, Washington DC

CIMCON Software Inc., the Pioneering Market Leader in Spreadsheet Governance, Risk and Compliance (GRC) solutions, today announced that it has been nominated for the Smaller Business Association of New England’s (SBANE) prestigious “New England Innovation Award” which recognizes companies in New England for transforming innovative ideas into a product or service that has proven value to customers.

Select Commercial Funding LLC provides $1,100,000 funding for a Horse Farm commercial property located at 283 Long Swamp Road, Plumstead Township, NJ

According to our research report “South African Banking Sector Analysis”, South African banking sector is well-developed and highly liberalized. It is one of the largest and most deregulated sectors within the emerging markets. With the improvement in overall economic conditions, consumers are increasingly gaining confidence on the domestic banking system. This led to an increase in deposits with the banks of the country. Moreover, with increasing middle class population and rising per head disposable income, the overall deposits in the banks will reach to ZAR 3.4 Trillion (US$ 476 Billion) by 2014, growing at a CAGR of around 10.5% during 2011-2014.

With increasing efforts from banks & financial institutions, Middle East banking assets are expected to grow at 12% CAGR during 2011-2013, RNCOS acknowledged.

According to our recent report "Vietnam Plastic Card Market Forecast to 2013", Vietnam’s payment card market is relatively small, but one of the most dynamic markets in the world. With continuous rise in young population, Vietnamese payment card market, which includes both credit cards and debit cards, has been growing rapidly for the past few years and is expected to post a CAGR of over 18% during the forecast period (2011-2014).

According to our new research report "Saudi Arabia Banking Sector Analysis", Saudi Arabia has one of the largest and fastest growing banking markets in the Middle East. During the last few years, there have been significant changes in the Kingdom’s banking sector.

Select Commercial Funding, LLC Provides funding for a Special Use Property Loan for a $3,525,000 commercial property located at 400 Brock Rd in Raeford, NC

Lombard Risk Management plc is pleased to announce an Update on Trading for the current financial year ending 31st March 2011.

Household sector loans are anticipated to grow at a CAGR of around 9% during FY 2012-FY 2014, says RNCOS in its latest research report.

Rapid lending growth and increasing banking penetration will assist growth of the Russian banking assets at a CAGR of around 14% during 2011-2014, says RNCOS.

Biz2Credit today announced that Bernard Slede, managing director, Startup Ecosystem Programs, HP, has joined Biz2Credit’s advisory board.

Product Pipeline in Medical Equipment Market – Robust Pipeline Strengthening the In-Vitro Diagnostics and Cardiovascular Devices Market” provides key data, information and analysis on the Product Pipeline in Medical Equipment Market and analytical content on the market dynamics.