by Nick Delgado
Guam - Bank of Guam received the Small Business Administration's Lender of the Year Award for supporting small businesses with over $4.45 million dollars for Fiscal Year 2012. According to Bank of Guam CEO and chairwoman Lou Leon Guerrero, it's important to support the small business community as they are the engines of the local economy.
Bank of Guam is also the only bank to work with the Guam Economic Development Authority on the State Small Business Credit Initiative. Along with receiving the award, Bank of Guam credit officer Alice Gagarin was named Banker of the Year.