BCB Bancorp Says During Q3, Management Of Bank Identified For Sale And Commenced Marketing Of A Portfolio Of Certain Problem Loans; Commenced Marketing For Potential Sale Of Its Business Lines Focused On Cannabis Related Customers
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Why It Matters
BCB Bancorp is selling off problem loans and cannabis related business lines. This shows the bank is cleaning house and reshaping what it does.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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