PNC Bank: Provides $3 Million Investment To Baltimore Community Lending
PNC Bank: Provides $3 Million Investment To Baltimore Community Lending
- PNC Bank is one of the largest diversified financial services institutions in the United States
- BCL has received a $3 million investment to support its work as the top CDFI for Baltimore
- Most of BCL’s targeted borrowing base are clients who do not have a relationship with or are unable to get a loan from a bank
- The investment in BCL is aligned with Community Benefits Plan that will provide $88 billion in loans and investments
- Direct investment in Baltimore Community Lending underscores its mission of supporting the revitalization
- BCL has been working with businesses in the Baltimore region for more than 30 years
