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| Global Interbank Lending Fell to Record Low in 2012, BIS Says Businessweek Banks were more reluctant than ever to lend to peers abroad last year, driving cross-border interbank loans as a share of total credit to a historical low, the Bank for International Settlements said. Cross-border lending of banks reporting to the BIS ... See all stories on this topic » | ||
| SBA explains loans for business women Corpus Christi Caller Times The U.S. Small Business Administration will conduct a free seminar from 9 a.m. to 10:30 a.m. to explain the new Woman Owned Small Business (WOSB) Contracting Program to help women-owned small businesses (WOSBs) in targeted industries compete for ... See all stories on this topic » | ||
| Missing pieces in a low-doc lending trail Sydney Morning Herald It was 9am Monday, on a late February day this year, when Denise Brailey arrived at the offices of the Australian Securities and Investments Commission in Perth for a meeting with Victorian Commissioner Warren Day and lawyer Robert Allen. Allen and Day ... See all stories on this topic » | ||
| Capitec defends its lending policies BDlive UNSECURED lender Capitec started the week fighting off concerns about mounting bad debt, and ended up accused by the National Credit Regulator (NCR) of contravening the National Credit Act. The regulator claimed Capitec wasn't disclosing its charges ... See all stories on this topic » | ||
| CPC Group expands into in-store retail credit The Guardian LONDON (Reuters) - Privately-owned British property developer CPC Group has acquired Logical Finance, a company that provides in-store loans to customers at small- to medium- sized retail businesses. Logical Finance, which will now trade as Omni ... See all stories on this topic » | ||
| Goldman said to join Alibaba loan team as IPO nears Reuters Canada N: Quote) has joined Alibaba Group's $8 billion loan with $500 million in financing as the Chinese e-commerce giant prepares for a massive initial public offering expected to come as early as the fourth quarter of this year. Goldman has joined as ... See all stories on this topic » | ||
| Indian bankers suit up for war on debt defaulters Business Standard Banks tried to recover on $10.9 billion in bad loans but managed just a quarter of that through liquidation and lawsuits in the year ended March 2012, the latest data from the central bank shows. Banks are particularly needled by business chiefs who ... See all stories on this topic » | ||
| BAAC trims risk by lifting loan-loss provision to almost 500% of NPLs ... Bangkok Post The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has raised its loan-loss reserve coverage to 486% of non-performing loans (NPLs) to cushion against risk and strengthen its financial security. President Luck Wajananawat said to ... See all stories on this topic » | ||
| Analyst call June 3 The Malaysian Insider Loans grew 0.6 per cent m-o-m and 10.5 per cent y-o-y in Apr-13. YTD-Apr loan growth of 2.8 per cent was largely led by retail (+3.5 per cent YTD) while business loans remained soft (+1.9 per cent YTD). Note that these were pre-GE13 numbers when ... See all stories on this topic » | ||
| West One reports record levels of short-term lending Mortgage Introducer Duncan Kreeger, director at West One Loans, said: "The Bridging Index paints an illuminating picture of how the bridging industry is booming in contrast to the deterioration of business lending by mainstream banks. "Mortgage lending has suffered a 60 ... See all stories on this topic » | ||
| Lenders accused of 'systemic fraud' Sydney Morning Herald Low-documentation loans are made to borrowers such as business owners who can't prove a regular income, but the borrower signs a declaration as to estimated income. The loans usually carry a higher interest rate than other loans, as they are seen as ... See all stories on this topic » | ||
| Breaking news Tuoitrenews Shortly after the government's credit aid package for buying apartments under social housing projects took effect on Saturday, five banks assigned to disburse money for the program publicized the requirements and target borrowers for the loans. The aid ... See all stories on this topic » | ||
| Make me richer Irish Independent Contact www.fastway.ie. BUSINESS LOAN OF €50,000. You could struggle to get a business loan from your bank – this column found it was like pulling teeth when we went to ask some of the banks to tell us what interest they would charge on business loans! See all stories on this topic » | ||
| Lenders lean towards buyers BusinessDay.com.au Market expectations are divided on whether there will be another cut despite upbeat data on business investment. With the cash rate at extreme lows, it may be time to consider taking out a fixed-rate home loan, but there is probably no need to rush ... See all stories on this topic » | ||
| RI Loses $1.6M Annually To Out-Of-State Payday Lending Companies GoLocalProv Morriseau cited national payday lending giant Advance America, which has a national base in South Carolina but is owned by a business conglomerate based outside the country. She went on to give the example of he state of North Carolina, which actually ... See all stories on this topic » | ||
| Middle East SMEs in desperate need for funding gulfnews.com An SME-focused financing group, World Business Partners UAE, an offshoot of a US-based group, plans to offer its first loans to small businesses in the next few months. Brandon Short, WBP president and a former Goldman Sachs banker and professional ... See all stories on this topic » | ||
| Challenge to create jobs in the Gulf BBC News Small businesses play an important part in this, but also face big hurdles - bank loans to start ups make up just 8% of all lending in the region. Middle East Business report spoke to Dimitris Tsitsiragos, vice president IFC MENA, to find out about a ... See all stories on this topic » | ||
| Business Digest: Sunday, June 2 Longview News-Journal Grimm will serve as a management trainee in loans, Hawkins will serve as a loan assistant, while Pohl will serve as Longview Community Development coordinator and Southwest Region Community Reinvestment Act coordinator. Grimm, a native of Hallsville ... See all stories on this topic » | ||
| Promsvyazbank Profit Up 22% The Moscow Times Alongside its domestic peers, the bank saw weak lending — up just 1 percent in the first three months of the year. Retail loans added 4 percent and its corporate portfolio was down 8 percent but loans to small and mid-sized business rose 72 percent. See all stories on this topic » | ||
| Inflation eases down to 5.5% Trinidad & Tobago Express The Bank noted that of the three major categories of private sector credit, real estate mortgage lending remained strong despite a slight slowdown. Business loans, however, continued to lose steam for the fourth consecutive month recording a fall by 2 ... See all stories on this topic » | ||
| The 1 Indicator That Banks Will Soon Outperform Motley Fool To grow, a business needs money to fund additional inventory, expand its facilities, hire more employees, and/or buy equipment to improve productivity. This type of business lending is the bread and butter of banks large and small. Two banks ready to ... See all stories on this topic » | ||
| Education loan: Past tense, future uncertain Times of Oman "I am not qualified for the government scholarship, and my father does not earn enough money to pay for my business degree. The only way I can graduate is by taking a bank loan to finance my education," Hajer Al Ajmi, a second-year student at Muscat ... See all stories on this topic » | ||
| Business bulletins: June 2 Knoxville News Sentinel Small Business Development Center, Knoxville: offers the following events at 17 Market Square: Tuesday: 9 a.m.-noon, business planning workshop; Thursday: 9 a.m.-noon, government contracting 101; Friday: 9-11 a.m., SBA loans; June 10: 9-11 a.m., the ... See all stories on this topic » | ||
| Credit bureau to facilitate financing for SMEs gulfnews.com That would mean that they as individuals starting businesses should have had a clean record of payments to telecom companies, utilities and on their credit cards and personal loans, if any. According to Ehsaan Uddin Ahmad, head of Global Transaction ... See all stories on this topic » | ||
| US banks post record $40.3 billion first quarter profit The Advocate WASHINGTON — U.S. banks earned more from January through March than during any quarter on record, buoyed by greater income from fees and fewer losses from bad loans. The banking industry earned $40.3 billion in the first quarter, the Federal Deposit ... See all stories on this topic » | ||
| Healthy profits continue at Florida-based lenders Sarasota Herald-Tribune Total loans and leases in Florida came to $92.2 billion, up by $5.3 billion for the year.James Chessen, chief economist at the American Bankers Association, said that while business loans nationwide grew for the 11th consecutive quarter, the pace has ... See all stories on this topic » | ||
| Time to end private credit creation? The Corner Economic Prior to the crisis, there was a boom in credit, in particular for mortgage loans. However even during this time, there was still relatively little credit available for businesses, as the productive areas of the economy. The economic side of the boom ... See all stories on this topic » | ||
| Chairman of troubled SME Bank plans to raise Bt100 bn in fresh funds The Nation Pichai said SME Bank was burdened by Bt32 billion worth of non-performing loans, or 33 per cent of outstanding loans. The amount of ... With the bank's operating cost at about 1.7 per cent, it could not make any profit from this business model. He said ... See all stories on this topic » | ||
| Path to SMEs' development in Nigeria, by Hinton The Guardian Nigeria In an effort to improve lending too, we took them on accounting and structuring of their business. This was really helpful. We have concluded plans to have another one this month and July just to educate them. SMEs anywhere in the world would always be ... See all stories on this topic » | ||
| Industrial lands should be a top priority for Legislature: Agenda 2013 OregonLive.com A handful of other bills also would address land availability, including one that specifically targets redevelopment of brownfields and provides loans for business expansion and transportation projects. A group of business-related organizations ... See all stories on this topic » |
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| The Subprime Mortgage Market Is Heating Up Again - Business ... By Katherine Rushton "The vigilance is in place this time, in terms of not allowing people [to] make the same mistake," Marcus Clancy, from Trepp, an analysis firm specialising in commercial property loans, said. Sceptics ... Join the discussion with Business Insider ... Business Insider |
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| Business Loans for Women Demand Surges According to Raharney ... NEW YORK, May 28, 2013 /PRNewswire/ -- Women outpaced men in demand for business loan alternatives according to Raharney Capital's analysis of ... online.wsj.com/article/PR-CO-20130528-904361.html | ||
| Small business loan program launched in Anne Arundel Anne Arundel Economic Development Corp. on Wednesday will kick-off a small business loan fund that will lend $3.36 million in Maryland. As part of the launch, ... articles.baltimoresun.com/.../bs-bz-loans-20130528_1_annapo... | ||
| HotDailyCash.com Launches to Give Market Leading Rates On ... New site offers small business owners the opportunity to borrow up to $2m for any purposes, irrespective of their credit score. marketersmedia.com/hotdailycash-com...to-give.../14373 |
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