TITLE

INSTEAD OF LIMPING ALONG, BB&T OPTED FOR AN UPGRADE

AUTHOR(S)
Grebb, Michael
PUB. DATE
December 2004
SOURCE
Bank Technology News;Dec2004, Vol. 17 Issue 12, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the database system BB&T Leasing Corp. had used since 1985 to track leases and manage contracts ranging from $10,000 to $10 million was working adequately. In September, BB&T Leasing signed a deal with International Decision Systems to upgrade from the IDS InfoLease program, which relies on IBM's UniData system, to the ProFinia accounting program, which works with an Oracle database for broader access. Many banks rely on equipment leasing subsidiaries to create synergies with their commercial lending businesses; the assumption is that a client seeking a loan or other banking service may also need to lease equipment.
ACCESSION #
15491535

 

Related Articles

  • Where has all the money gone? McBride, Caryn A. // Westchester County Business Journal;10/25/93, Vol. 32 Issue 43, Banking p3 

    Discusses aspects of commercial lending. Caution by banks on who they lend to and what they lend on; Senior level financing; Avoidance of risk-lending; Importance of credit quality; Decrease in commercial real estate project values; Cash equity requirement; Trends in banking industry.

  • Business loans are rising again, and banks hear rivals' footsteps. Goodwin, William // American Banker;8/18/1994, Vol. 159 Issue 159, p5A 

    Highlights the performance of business loans in banks in the United States in 1993. Rise in commercial and business loans; Aggressive lending by big banks; Forecast on economic growth; Corporations' reliance on external sources of funds; Seasonal pattern in commercial and industrial loans.

  • New rights for borrowers.  // Credit Management;Mar2012, p14 

    The article provides information on the relaunch of the FLA Lending Code by the Finance and Leasing Association (FLA) of Great Britain which provide a number of protective measures to the borrowers in financial difficulty and new rights to the users of store card and short-term credit.

  • Small-business lending competition heats up. Pugh, Lori // Indianapolis Business Journal;07/26/99, Vol. 20 Issue 19, p33 

    Reports on intensified competition in Indiana's small-business lending sector. Increase in number of banks aggressively developing small-business loan departments; Growth of small-loan companies; Entry of more nontraditional lenders in the market.

  • Banks train sights on small-business market. Hadley, Mark // Business Journal Serving Southern Tier, CNY, Mohawk Valley, Fing;11/25/96, Vol. 10 Issue 24, p14 

    Focuses on the growing interest of Central New York's commercial banks in pursuing small-business customers. Offering of packaged software, services and products; Small-business loans as a growing piece of banks commercial-loan portfolio; Streamlined loan applications; Reduced needs for...

  • Top 100 banks in business lending.  // American Banker;8/18/1994, Vol. 159 Issue 159, p4A 

    Ranks the top 100 banks based on outstanding commercial and industrial loans in the United States as of December 31 1993. Gross return on domestic business loans.

  • Highlights of the Top Companies in Domestic C&I Loans.  // American Banker;2/6/2003, Vol. 168 Issue 25, p9 

    Highlights the top bank holding companies in the domestic commercial and industrial loans in the U.S. as of September 30, 2002. Statistics for portfolio changes from the year 2001 for the companies.

  • Banks target small-business loans with telephone service. Shankle, Greta // Indianapolis Business Journal;04/21/97, Vol. 18 Issue 5, p4B 

    Focuses on the reliance of Indianapolis, Indiana-based banks on telephone services to market small-business loans. Increase in small-business lending in 1996; Bank One's bank-by-telephone service; National City Bank's telephone lending program; Advantages of using the telephone to deal with...

  • Bricks and mortar out in new lending regime. Gome, Amanda // BRW;11/24/97, Vol. 19 Issue 45, p34 

    Reports on the switch in Australian banking from relying on bricks-and-mortar to looking mainly at sustainable cashflow when lending to a business. Similar software packages used by the four major banks for credit scoring; Small-business owners needing to understand the shift; Comments from...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics