WASHINGTON -- A Bronx, N.Y.-based community group has persuaded a second major bank in as many weeks to expand its services in the predominantly low-income and minority borough.

Republic New York Corp. agreed Oct. 19 to establish a loan production office in the Bronx and lend at least $15 million to small businesses there.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.