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Amerant Bancorp (AMTB) Q2 2021 Earnings Call Transcript


Amerant Bancorp (AMTB) Q2 2021 Earnings Call Transcript
Motley Fool Transcribers
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Amerant Bancorp (NASDAQ: AMTB)
Operator
Good day, and thank you for standing by. Welcome to the Amerant Second Quarter 2021 Earnings Conference Call. [Operator Instructions] Please be advised that today s conference is being recorded. [Operator Instructions].
I would now like to hand the conference over to your speaker today, Ms. Laura Rossi, Head of Investor Relations. Thank you and please go ahead.SPONSORED:
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U.S. Lenders Rush to Get PPP Relief Loans to Black-Owned Firms


U.S. Lenders Rush to Get PPP Relief Loans to Black-Owned Firms
By
January 15, 2021
(Bloomberg) Businesses owned by minorities and women got a head start this week in a new round of $284 billion funding, and early anecdotal evidence suggests stronger demand coming from these firms.
The popular Paycheck Protection Program of forgivable loans for small businesses re-opened Jan. 11 with a four-day window dedicated exclusively to community financial institutions that lend to groups unable to get funds from traditional banks. Borrowers aren’t limited to women and minorities, although these groups often make up a large customer base for microlenders. ....

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