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| Increased exports and business loans reflect growing entrepreneurial interest ... Business Lexington But is business in Kentucky really in trouble? In reality, small business in Kentucky appears to be alive and well. In fiscal year 2011, the Small Business Administration (SBA) doled out $200 million in loans in Kentucky. In fiscal year 2012, the SBA ... See all stories on this topic » | ||
| Business Lending, Lower Costs Fuel Pacific Continental's 4Q American Banker (subscription) Pacific Continental (PCBK) in Eugene, Ore., took advantage of accelerated business lending and lower expenses to post another profitable quarter. Lower credit losses also contributed to fourth-quarter earnings of $3.4 million for the $1.3 billion-asset ... See all stories on this topic » | ||
| Gov't Targets Irresponsible Loans With Tough Love Fox Business A decade ago, lenders rolled out a bevy of mortgage options such as "no-doc" and interest-only loans that opened the door for virtually anyone to buy a home. This wave of subprime lending helped many families to realize their dream of home ownership ... See all stories on this topic » | ||
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| BB&T's 4th-Quarter Net Jumps 29% on Loan Growth, Credit Fox Business Like its peers, the mid-Atlantic and Southeast regional bank has posted stronger results in recent quarters as credit conditions improve and lower reserves are needed to cover bad loans. The bank also has benefited from strengthening lending demand ... See all stories on this topic » | ||
| GE Still Relies Heavily on Its Capital Unit for Profit Fox Business Still, the heavy reliance on GE's lending business for profits highlights a conundrum faced by Chief Executive Jeff Immelt. His company is good at banking, but investors don't value that business as highly as they do GE's industrial units, which are ... See all stories on this topic » | ||
| Regions Bank stops offering controversial loans in NC News & Observer A spokeswoman for Regions Bank, which contends its Ready Advance is not a payday loan, characterized the discontinuation of the loans in mid-December as a business decision. The bank, which continues to offer Ready Advance loans in other states, ... See all stories on this topic » | ||
| Outstanding bank loans as of Nov. '12 hit P3.13T Inquirer.net Outstanding loans issued by the country's universal and commercial banks grew at a double-digit pace as of November 2012, on the back of rising loan demand from consumers and businesses. The Bangko Sentral ng Pilipinas on Thursday reported that ... See all stories on this topic » | ||
| Bank of America profits dragged down by bad loans San Antonio Business Journal Mike W. Thomas: Reporter- San Antonio Business Journal: Email. The cost of faulty foreclosures and flawed home loans made a decade ago resulted in a 63 percent drop in profits for Bank of America Corp. during the fourth quarter. Bank of America ... See all stories on this topic » | ||
| Day Air local lending topped $105M in 2012 Dayton Business Journal (blog) Its loans from 2012 financed 3,590 new vehicles, 548 new homes, 185 small businesses, 417 students going to college and many other family goals. "Being a financial cooperative, we are built around meeting the needs of our members and community, not ... See all stories on this topic » | ||
| Bank loans up 14% to P3.134 T Philippine Star MANILA, Philippines - Loans granted by big banks grew at a slower pace in November, but the Bangko Sentral ng Pilipinas (BSP) said credit levels remained supportive of economic growth. Excluding BSP placements, outstanding loans extended by ... See all stories on this topic » | ||
| BB&T 4Q net income jumps on growing fees, loans NBCNews.com WINSTON-SALEM, N.C. — BB&T Corp.'s net income rose in the fourth quarter as the bank made more loans and expanded its deposit base. The bank based in Winston-Salem, N.C., said Thursday it had boosted revenue from fees on insurance and mortgage ... See all stories on this topic » | ||
| Missing data on half million Canadian student loans to draw suit Business Insurance (Reuters) — A Newfoundland lawyer said he will launch a class action lawsuit on Thursday against the Canadian government, which lost a portable external hard drive containing the personal information of 583,000 Canada Student Loan borrowers. See all stories on this topic » | ||
| Fifth Third has $1.5B in excess cash, CFO says: EXCLUSIVE Business Courier of Cincinnati Poston also said business loans are rising thanks to Fifth Third's investment in hiring more bankers. It's targeted health care and energy by adding lenders, and it's seen plenty of growth in lending to mid-corporate customers with at least a couple ... See all stories on this topic » | ||
| 7 SC counties eligible for disaster loans GSA Business Seven S.C. counties along the Georgia border are eligible for federal small-business disaster loans as the result of a drought beginning Dec. 15. The eligible counties are Abbeville, Aiken, Allendale, Anderson, Barnwell, Edgefield and McCormick, the U ... See all stories on this topic » | ||
| Higher Expenses, Loss Provisions Weigh on Card Issuers Fox Business Capital One's provision grew 33.7% to $1.2 billion from a year earlier due in part to its acquisition last year of HSBC Holdings PLC's (HBC) U.S. credit-card business, through which it gained about $30 billion in loans. The higher provision and ... See all stories on this topic » | ||
| Banks cut addiction to crisis loans to 2008 levels Irish Independent IRISH banks' reliance on emergency loans has dropped to its lowest level since September 2008. The return of customer deposits and an increasing ability to access the bond markets are helping cut the need for support. The dependence of AIB, Bank of ... See all stories on this topic » | ||
| Goldstar Credit Provides Singapore Payday Loans for Immediate Money Access SBWire (press release) A personal loan, on the other hand, is more suitable for individuals who do not have a fixed income. Personal loans are customizable to meet a financial situation and come in various repayment options. Business loans serve to bridge financial gaps in ... See all stories on this topic » | ||
| Scotiabank to Increase Small Loans in Mexico Bloomberg By Sean B. Pasternak - 2013-01-18T05:00:15Z. Bank of Nova Scotia says it can boost small loans in Mexico as much as 20 percent in a push for business in Latin America, where lending margins are double the Canadian average. Canada's third-largest bank ... See all stories on this topic » | ||
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| US Consumer Bureau Unveils New Rules for Mortgage Servicers Fox Business Mortgage servicers collect monthly payments from borrowers on behalf of the investors that own the loans. That often involves letting borrowers know about the status of loans, modifying the loans for those struggling to make payments on time, and ... See all stories on this topic » | ||
| Capital One Financial Management Discusses Q4 2012 Results - Earnings Call ... Seeking Alpha Our Domestic Card business continues to deliver strong results. Ending loans grew 3.1% in the quarter or 4.1%, excluding the expected runoff of higher-margin, lower-loss -- excuse me, higher-margin, higher-loss HSBC loans, as well as the continuing ... See all stories on this topic » | ||
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| Biz2Credit Automates Financing Options for Accion East and Online Equities.com These so-called "alternative lenders" approve nearly two-thirds of funding requests, according to the recent Biz2Credit Small Business Lending Index, a monthly report on small business loan approvals. Meanwhile, big banks ($10B+ in assets) typically ... See all stories on this topic » | ||
| Bank Mutual Corporation Reports Increased Earnings Daily Markets (press release) During the fourth quarter of 2012 Bank Mutual recorded loss provisions of $1.9 million against a number of multi-family, commercial real estate, and business loan relationships, as well as residential and consumer loans. In addition, Bank Mutual ... See all stories on this topic » | ||
| Goldman Sachs' Misguided Gift to Philadelphia Philadelphia Magazine (blog) Ten million dollars would be available for low-interest loans to qualifying small businesses through the Philadelphia Industrial Development Corp (PIDC). And the remainder would go to a Lancaster-based fund to make small-business loans in surrounding ... See all stories on this topic » | ||
| Housing Market in 2013: What to Expect Fox Business Homebuyers can expect a more competitive market in 2013, and should start the mortgage lending process at least three months before they plan to start seriously looking because experts expect the process to take several months under new lending ... See all stories on this topic » | ||
| Wonga backs regulatory changes for short-term loans companies bdaily Pay day lender Wonga defended its practices on Wednesday, and put its support behind regulatory changes in the short term loans sector. Under a grilling from the public accounts committee in the House of Commons, Henry Raine, head of regulatory and ... See all stories on this topic » |
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