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DOING DEVELOPMENT IN ARKANSAS: USING CREDIT TO CREATE OPPORTUNITY

  • Author: RICHARD B. TAUB
  • ISBN 10: 1557287783
  • ISBN 13: 9781557287786
  • Release: September 1, 2004
  • Format: Paperback (217 pages)
  • List Price: $29.95
  • More Details

    List Price: $29.95

    Tags: Business & Investing, Industries & Professions, Banks & Banking,

    Book Description:
    This is the story of the Southern Development Bancorporation, an organization established in 1988 with headquarters in Arkadelphia, Arkansas, for the purpose of stimulating economic and community development in South Arkansas. Taub chronicles the experiment in development banking, established by Bill Clinton when he was governor. Based somewhat on the model of Shorebank Corporation, a Chicago bank-holding corporation that had achieved national recognition through its development efforts in the South Shore's community, Southern was established with the assistance of the state's leading foundation as a holding company with a set of subsidiaries designed to provide credit opportunities and technical assistance missing from southern Arkansas.

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