Latest Loan news:

The area student loan market is steady now, but student debt is likely to increase as tuition, other costs rise
The tremors that shook the student loan industry and had private lenders threatening to abandon the business have quieted, but students are now likely to have to borrow more for higher education, experts said.
Read more News Source - Chattanooga Times Free Press
Publish date - 04:19:11 07/20/08

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Najib urges banks not to withdraw loan, overdraft facilities
KUALA LUMPUR: The Government hopes that banks will not overreact and withdraw loan and overdraft facilities from businesses during these tough times. “The global economy is volatile at the moment and people are concerned about an impending recession and inflation.
Read more News Source - The Star
Publish date - 23:34:31 07/19/08

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BSN to attract more SMEs to take up micro financing loan
KUALA LUMPUR: Bank Simpanan Nasional Bhd (BSN) aims to attract more small and medium enterprises (SMEs) to take up its micro financing loan called Temaniaga.
Read more News Source - The Borneo Post
Publish date - 02:07:21 07/20/08

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Noor, Emirates NBD close $500m loan
Emirates NBD and Noor Islamic Bank announced it has successfully closed a $500m Islamic facility for ENOC Supply and Trading. The Sharia-compliant loan will be used for the company's working capital requirements. The two banks acted as initial mandated lead arrangers and bookrunners.
Read more News Source - AME Info
Publish date - 05:02:52 07/20/08

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Oman: Banks try to reach consensus on personal loan amount
MUSCAT -- Local banks are trying to reach a consensus on restricting maximum personal loan amount to an individual borrower to ease repayment burden of people. The move is expected to check excessive borrowing at a time when the cost of living is going up in view of inflationary pressures.
Read more News Source - Zawya
Publish date - 07:27:00 07/20/08

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ST. ANN: City caps number of payday loan companies
Now there are six, but at some point there will be no more than three high-interest, short-term loan companies operating in St. Ann.
Read more News Source - North County Journal
Publish date - 06:08:14 07/20/08

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ENBD, Noor Islamic arrange $500m Enoc loan
20 July 2008 Emirates NBD and Noor Islamic Bank, acting as initial mandated lead arrangers and bookrunners, have arranged a $500 million (Dh1.84bn) syndicated Islamic loan facility for Enoc Supply and Trading (ESTC), a wholly-owned unit of Emirates National Oil Company Limited (Enoc).
Read more News Source - Zawya
Publish date - 07:27:22 07/20/08

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Đài Loan: Hơn 20 người chết và mất tích do cơn bão Kalmaegi
Các quan chức Đài Loan (Trung Quốc) ngày 19-7 xác nhận ít nhất đã có 13 người thiệt mạng và 8 người mất tích khi cơn bão Kalmaegi tràn qua hòn đảo này.
Read more News Source - Tuổi Trẻ Online via Yahoo! Tin tức
Publish date - 20:38:08 07/19/08

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Anglo gave loan to Quinn ahead of share deal
20 July 2008 By Richard Curran and David Clerkin Anglo Irish Bank agreed a loan deal with Sean Quinn secured on a significant part of Quinn’s €3 billion business empire, two weeks before he announced plans to buy a 15 per cent stake in the bank, The Sunday Business Post has learned.
Read more News Source - Sunday Business Post
Publish date - 23:01:28 07/19/08

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Wayne Trustee seeks $1M loan
Tougher poor-relief guidelines and other cost-cutting measures weren #8217;t enough to prevent Wayne Township Trustee Rick Stevenson from seeking a $1 million loan to make ends meet #8211; his third such request since taking office last year.
Read more News Source - Fort Wayne News-Sentinel
Publish date - 14:34:24 07/19/08

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Durbin seeks cap on consumer loan interest rates
Proposed law would end rates higher than 36% U.S. Sen. Dick Durbin (D-Ill.) has taken aim at the high-interest-loan industry, introducing a bill proposing to cap rates charged for payday loans, car title loans and other forms of consumer credit at 36 percent annual interest.
Read more News Source - Chicago Tribune
Publish date - 16:20:55 07/19/08

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Citigroup posts $2.5B loss as loan defaults mount
Citigroup says it posted a $2.5 billion loss and laid off more employees in the second quarter as it struggled with surging loan defaults.
Read more News Source - AP via Yahoo! News
Publish date - 11:24:39 07/18/08

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Citigroup posts $2.5B loss on loan defaults, still beats view
Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.5 billion shortfall was smaller than Wall Street anticipated.
Read more News Source - USA Today
Publish date - 18:03:11 07/18/08

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Don't withdraw loan, overdraft facilities, banks urged
KUALA LUMPUR: The Government hopes that banks do not overreact and withdraw loan and overdraft facilities from businesses during these hard times.
Read more News Source - The Star
Publish date - 12:33:09 07/19/08

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BSN AIMS TO ATTRACT MORE SMEs TO TAKE-UP ITS MICRO FINANCE LOAN
KUALA LUMPUR, July 19 (Bernama) –- Bank Simpanan Nasional Bhd (BSN) aims to attract more small and medium enterprises (SMEs) to take up its micro financing loan called Temaniaga.
Read more News Source - Bernama via Yahoo! Malaysia News
Publish date - 07:09:38 07/19/08

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