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March 31st, 2008

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Small Business Loans to Help Maquoketa Rise from Ashes (KWWL Iowa)

The federal government is offering low-interest disaster loans to small businesses recovering from a fire in downtown Maquoketa.

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Rs54 billion loans written off in 2002, SBP tells SC (Dawn)

ISLAMABAD, March 31: The State Bank told the Supreme Court on Monday that commercial loans of about Rs54 billion owed by businesses run by top leaders and other influential people were quietly written off in October 2002 under a scheme to “clean up non-performing loans” that had surpassed Rs231 billion.

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Federal loans available to Maquoketa businesses (WHO-TV 13 Des Moines)

Associated Press - March 31, 2008 8:44 PM ET DES MOINES, Iowa (AP) - The federal government is offering low-interest disaster loans to small businesses recovering from a fire in downtown...

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Rs 54 billion written-off loans: SBP submits details to Supreme Court (Business Recorder)

LAHORE (April 01 2008): The State Bank of Pakistan on Monday provided details of Rs 54 billion written-off loans to the Supreme Court of Pakistan. The apex court had directed the SBP to submit details of all those persons/concerns whose loans were written off by the outing government.

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Lehman looks at halting subprime loans (Financial Times)

Lehman Brothers is considering halting all new loans from its two British subprime mortgage units and putting further pressure on borrowers with a chequered credit history whose mortgages are coming to the end of fixed-rate terms.

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ICRA signs MoU with State Bank of Indore to rate loans (The Economic Times)

Credit rating agency ICRA will rate the loans and other exposures of State bank of Indore under the Reserve Bank's Basel II norms.

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Credit industry pushing unaffordable loans: FSU report (ABC via Yahoo!7 Finance)

The Finance Sector Union (FSU) is calling on the Federal Government to regulate the whole credit industry, amid reports of growing pressure to sell loans in a climate of rising interest rates.

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Botswana: CEDA Struggles to Recover Loans (AllAfrica.com)

After almost seven years of operation, the Citizen Entrepreneurial Development Agency (CEDA) continues to struggle in collecting loans from its clients.

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PNC, National City offer more loans through FHLBanks program (BizJournals)

As the nation's credit markets dry up, Pittsburgh's two largest retail banks are increasingly making loans with capital from the Federal Home Loan Banks.

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Bank forced to waive refugee loans (Herald Sun)

THE Commonwealth Bank has admitted giving unaffordable personal loans to Sudanese refugees, including some with no job or English.

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