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Corporate Social Responsibility
News
10.19.2005 ET
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CSR News from:
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KeyCorp (KeyBank)
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News Category:
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Building on $1 Billion Pledge, KeyBank to Provide Business Evaluations to Women-Owned Firms Nationwide: From October 1 to November 26, Team of KeyBank Experts Meeting Women Business Owners to Advise on Growth Strategies and Financing Options
(CSRwire) CLEVELAND - Building on the momentum it has achieved in helping
women-owned firms successfully grow their businesses, and through the
pledge to lend a minimum of $1 billion to qualified firms, KeyBank is
further strengthening its Key4Women commitment by offering women business
owners evaluations of their business strategies, personal finance and
investment needs during October and November.
"This underscores Key's commitment to helping women succeed and is why our
Key4Women program is among our more high-profile services," says Maria
Coyne, executive vice president of Community Banking and Key4Women.
With the vast majority of women entrepreneurs identifying growth as a
primary goal of their company, the decisions that they make can be
critical to the future success of their business. Research Key sponsored
shows that women business owners tend to be 'information gatherers,'
collecting input and data to a greater extent than their male counterparts
before making decisions. Most often they look to outside sources for
guidance on business management and growth issues. To help answer their
questions, Key is bringing local women business owners across the country
a team of their best people to help them strategize and plan.
"It's a holistic approach to meeting the client where they are and working
with them to assess their business strategies and support their business
and personal banking and investment goals," says Coyne. "Many owners are
ready to take their businesses to the next level, and have questions
ranging from how to finance the growth appropriately to how 'big' to
dream."
Through this outreach, Key hopes to help business owners develop sound
business strategies and long-term plans while bringing important
information to light such as:
the benefits of certifying as a Women Business Enterprise (WBE),
maintaining good health for a healthy business, and
Educating business owners about when and where financing a new piece
of equipment or business expansion might make sense.
"From executives at the district level, to our CEO Henry L Meyer, the
entire company is supporting this effort," says Coyne. "Our leadership is
engaged and calling on women business owners to punctuate our commitment,
share our financial expertise and give business owners the tools they need
to take their firm exactly where they want it to go. Whether it's by
promoting heart health awareness through our affiliation with 'Go Red For
Women,' or helping women entrepreneurs with ongoing education, networking
and advice through Key4Women, Key wants to be a trusted partner every step
of the way."
Cleveland-based KeyCorp (NYSE: KEY) is one of the nation's largest
bank-based financial services companies, with assets of approximately $91
billion. Key companies provide investment management, retail and
commercial banking, consumer finance, and investment banking products and
services to individuals and companies throughout the United States and,
for certain businesses, internationally.
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Note to Editors: For up-to-date company information, media contacts and
facts and figures about Key lines of business, visit our Media Newsroom at
Key.com/newsroom
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