Fifth Third Bank Extends $28.5 Billion in Credit
Fifth Third Bank announced that the company extended $28.5 billion in new and renewed credit to business customers from July 2011 through March 2012. The company has reached its initial business lending commitment made in July 2011 to provide $28 billion in loans to commercial and small business customers through July 2012.
“Through our lending commitment, Fifth Third remains dedicated to providing businesses access to credit,” said John Bultema, executive vice president and head of Business Banking for Fifth Third Bank. “We will continue to work with qualified businesses to help them expand and generate jobs.”
Companies that have received loans from Fifth Third Bank during this time period include:
“Fifth Third has and will continue to lend to qualified business borrowers,” said Greg Kosch, executive vice president and head of Commercial Banking for Fifth Third Bank. “As our economy continues to recover, we are taking action to help clients grow and get back to business.”