WASHINGTON, April 23 /PRNewswire/ -- Zions Bank has been named by the U.S.
Small Business Administration (SBA) as "2006 Export Lender of the Year" for
its efforts in financing small business exporters. The award will be
presented this evening by the SBA at a reception in Washington, D.C. as part
of National Small Business Week. Only one other bank in the nation will be
honored as an "Export Lender of the Year."
"As commerce becomes increasingly global, Zions Bank is working to support
its small business clients in Utah and Idaho as they expand into foreign
markets. We're proud to receive this honor from the SBA because we're proud
to help fund the international entrepreneurs who help build the economies of
Idaho and Utah and create jobs," said Anderson.
Last year, Utah exports exceeded $6 billion, according to World Trade
Center Utah. More than 2,100 Utah companies export their goods
internationally, and 83 percent of those are small and medium-size businesses.
In Idaho, 2005 exports exceeded $3.2 billion, according to Idaho Commerce and
Labor, International Business Division. In addition, more than 50,000 Idaho
jobs -- nearly 10 percent -- are linked to exports.
In addition to its national recognition as an export lender, Zions Bank
will also be honored as "Lender of the Year" by the SBA's Utah District at an
April 30 luncheon in Salt Lake City. Zions Bank has previously received
several SBA recognitions, including Region VIII "Financial Services Champion
of the Year" in 2005 and the designation as one of the top "Ten Outstanding
SBA Lenders" from across the U.S. in 2004. Zions has also been the Utah
District's top 7(a) SBA lender for the past 13 consecutive years, and has been
the top SBA lender in Idaho's Boise District for the past five consecutive
years.
As a resource to small businesses interested in exporting, Zions Bank will
host its sixth annual International Trade and Business Conference on May 22 at
the Little America Hotel in Salt Lake City. John R. Bolton, former U.S.
ambassador to the United Nations, will be the keynote speaker. Business
executives and entrepreneurs who attend the conference will learn about
opportunities for expansion in dynamic foreign markets, particularly in India
and Canada. The cost of the event is $30 and registration is online at
www.tradeconference.zionsbank.com.
Zions Bank, a subsidiary of Zions Bancorporation (Nasdaq: ZION), operates
136 full-service branches and nearly 200 ATMs throughout Utah and Idaho. In
addition to a wide range of traditional banking services, Zions offers a
comprehensive array of investment, mortgage, and insurance services, and has a
network of loan origination offices for small businesses nationwide. The
company is also a leader in providing electronic banking services, including
odd-lot electronic bond trading. Founded in 1873, Zions has been serving the
communities of the Intermountain West for more than 130 years. Additional
information on Zions Bank is available at www.zionsbank.com.
SOURCE Zions Bank
Contact: Heidi Prokop, Public Relations Vice President of Zions Bank, +1-801-844-7915