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Latest Loans news: Subprime Lending Crisis: Auto Loans Thrive, Housing Down In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores Read more News Source - Time Magazine Publish date - 17:30:10 03/11/10 Art dealer Edelman sued over loans Asher Edelman, a former corporate raider who became an art dealer, has been sued by Emigrant Bank for more than $3.1 million after allegedly defaulting on some loans, including one to buy a sculpture by Alberto Giacometti. Read more News Source - Reuters via Yahoo! News Publish date - 23:47:20 03/10/10 German Min:Cautious About State Guarantees For Bank Loans Idea German Min:Cautious About State Guarantees For Bank Loans Idea Read more News Source - Fox News Publish date - 18:38:56 03/11/10 Sharma assures exporters of cheap loans Commerce and industry minister Anand Sharma on Thursday assured exporters of government mediation to ensure that they get foreign currency loans at the new lower rate set by the RBI amid complaints against banks levying additional charges. Read more News Source - Express India Publish date - 20:41:45 03/11/10 Banks want to cash out Rs 1,500-cr bad loans with ARCs Banks want more of it, while the ‘scrap merchants' of the banking sector – Asset Reconstruction Companies (ARCs) – want to part with less of it. It's all about the cash involved in the sale of bad loans by banks to ARCs. Read more News Source - The Hindu Publish date - 19:11:23 03/11/10 Russia FinMin may cut rate on subordinated loans MOSCOW, March 11 (Reuters) - Russia's Finance Ministry may cut the rate for 400 billion roubles worth of subordinated loans that were provided to banks during the crisis in order reduce their repayment costs, a top Finance Ministry official said. Read more News Source - Reuters via Yahoo! Malaysia News Publish date - 16:00:08 03/11/10 'Banks convert forex losses into term loans' A few leading banks, including some from the public sector, have been converting losses arising out of exposure to foreign exchange derivatives contracts into term loans for companies which had earlier entered into such contracts. Read more News Source - The Times of India Publish date - 19:07:52 03/11/10 Fed emergency loans decline in past week Banks borrowed less from the Federal Reserve's emergency lending program over the past week, providing further evidence that the strains caused by the financial crisis are easing. Read more News Source - AP via Yahoo! News Publish date - 22:09:45 03/11/10 Banks’ consumer loans reach P413B in 4Q 2009 More consumer loans sourced from universal, commercial and thrift banks were recorded in the fourth quarter of last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. Read more News Source - Malaya Publish date - 14:38:06 03/11/10 Will ceiling interest rate scheme be removed for short term loans? VietNamNet Bridge – Commercial banks are feeling confused by hearing conflicting information from government agencies about removing the interest rate ceiling on short-term loans. Read more News Source - Vietnam Net Publish date - 15:51:15 03/11/10 Layoffs instead of loans “The bottom line is we’re not going for any more loans. Look for other options. Consider layoffs.” Read more News Source - The Sanger Herald Publish date - 15:40:43 03/11/10 Trade assured help on foreign currency loans NEW DELHI: The Commerce and Industry Minister, Mr Anand Sharma on Thursday assured exporters of government mediation to ensure that they get foreign currency loans at the new lower rate set by the RBI amid complaints against banks levying additional char ges. Read more News Source - The Hindu Publish date - 12:04:42 03/11/10 V Loans partners with Link Chosen as one of a limited number of new business partners, V Loans, has a strong historic working relationship with Link Loans. Read more News Source - Mortgage Introducer Publish date - 12:51:12 03/11/10 Sharma assures traders of help for forex loans Commerce and Industry Minister Anand Sharma today assured exporters of government mediation to ensure that they get foreign currency loans at the new lower rate set by the RBI amid complaints against banks levying additional charges. Read more News Source - rediff.com Publish date - 14:14:22 03/11/10 China's new loans down in Feb SHANGHAI - CHINESE banks extended 700.1 billion yuan (S$143 billion) in new loans in February, down sharply from January, the central bank said on Thursday, amid government efforts to curb lending. The figure was only around half the January amount as China last month marked the annual Lunar New Year, the nation's most important holiday and a time when much business activity shuts down. Read more News Source - Straits Times Publish date - 19:35:19 03/11/10 | ||||
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