U.S. Banks Aid First Republic in Time of Need

U.S. Banks Aid First Republic in Time of Need

First Republic Bank has announced a plan to rescue $30 billion in small business loans in order to help those affected by the pandemic. The plan includes the use of a $10 billion loan from the US Treasury and $20 billion of the bank's own capital. #SmallBusiness #Banking #CovidRelief 💵💰🤝First Republic Bank anunció un plan para rescatar $ 30 mil millones de préstamos para pequeñas empresas para ayudar a aquellos afectados por la pandemia. El plan incluye el uso de un préstamo de $ 10 mil millones del Tesoro de EE. UU. Y $ 20 mil millones de capital propio de la propia banca. #NegociosPequeños #Banca #AlivioCovid 💵💰🤝
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