July 29th, 2008
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Massachusetts is the latest state unable to provide low-interest private and federal loans to its college students — a problem Rhode Island was able to evade this year.
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Central bank says commercial banks paid 2.35% for 28-day loans, in the latest auction to assist banks gripped by credit problems.
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The number of loans has fallen every month since the beginning of the year, with June approvals down 12 percent from 41,000 in May, and half that of the previous six-month average.
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BANGKOK -(Dow Jones)- The gross nonperforming loans of Thai financial institutions are targeted to fall to 2%-3% of total loans by 2013 through refinancing and sales of bad loans, the central bank's deputy governor Bandid Nijathaworn said Tuesday.
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BANGKOK -(Dow Jones)- The gross nonperforming loans of Thai financial institutions are targeted to fall to 2%-3% of total loans by 2013 through refinancing and sales of bad loans, the central bank's deputy governor Bandid Nijathaworn said Tuesday.
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Thousands of Massachusetts parents and students will likely be stuck with higher-interest college loans after a state lending agency said yesterday it can't line up enough...
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