CCSB

IDB Invest supports the expansion of infrastructure to close the digital divide in Colombia

Retrieved on: 
Wednesday, January 5, 2022
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IDB Invest, a member of the IDB Group, participated in a guarantee line of up to COP625,000 million for the benefit of Tigo Colombia, a subsidiary of Millicom.

Key Points: 
  • IDB Invest, a member of the IDB Group, participated in a guarantee line of up to COP625,000 million for the benefit of Tigo Colombia, a subsidiary of Millicom.
  • This project seeks to increase access and connectivity to mobile broadband, in addition to increasing opportunities for the most vulnerable sectors of Colombia, helping to close the digital gap.
  • This project demonstrates IDB Invest's determined commitment to reduce the digital divide in the region and achieve sustainable and inclusive growth, said James P. Scriven, CEO of IDB Invest.
  • IDB Invest, through its advisory services, is working with Tigo to maximize the impact of this transaction on rural populations.

Double Bottomline Corp. Completes the Purchase of Community Savings Bancorp, Inc. and Community Savings

Retrieved on: 
Friday, December 24, 2021
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CALDWELL, Ohio, Dec. 23, 2021 /PRNewswire/ --Double Bottomline Corp. ("Double Bottomline") has completed the purchase of Community Savings Bancorp, Inc. ("CCSB") (OTC Pink: CCSB), and its wholly-owned subsidiary, Community Savings, a federal savings association.

Key Points: 
  • CALDWELL, Ohio, Dec. 23, 2021 /PRNewswire/ --Double Bottomline Corp. ("Double Bottomline") has completed the purchase of Community Savings Bancorp, Inc. ("CCSB") (OTC Pink: CCSB), and its wholly-owned subsidiary, Community Savings, a federal savings association.
  • Double Bottomline intends to maintain Community Savings' current footprint and looks forward to serving the needs of its markets in a safe and sound manner.
  • Community Savings will adjust its branding to "Community Savings for America" as part of this evolution.
  • Alvin B. Parmiter, President of Community Savings, said, "We believe this is an exciting moment for Community Savings.