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GROWTH OPPORTUNITY: Anthony Ramon, owner of Sopha’s Café in Cranston, says a $120,000 loan through the State Small Business Credit Initiative allowed him to purchase the space to open his new culinary venture.
PBN PHOTO/MICHAEL SALERNO

$61.7M credit initiative slow to deploy money

In today’s economy, Anthony Ramon would have had a tough time securing a mortgage to buy a commercial building on Cranston’s Park Avenue, if...
IN SAFE HANDS: William Wray, chief risk officer for The Washington Trust Co. in Westerly, says he takes pride in the bank’s credit risk being “viewed as among the best in the entire industry” because it’s “the most common reason why banks fail, so it is a critical survival skill.” / COURTESY THE WASHINGTON TRUST CO.

Wray keeps Washington Trust poised to take on any challenge

2022 C-Suite Awards: Enterprise company | William Wray, The Washington Trust Co. chief risk office If there was ever an example of the need for...
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