October 2008
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The number of U.S. Small Business Administration loans approved in New Jersey in fiscal 2008 fell to the lowest level in seven years, according to a report from the agency.
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The shaky economy is reducing demand for government-backed small business loans, the agency reports.
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Banks borrowed in record amounts from the Federal Reserve's emergency lending program over the past week, while investment banks drew loans at a slower pace.
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Coral Gables-based Mercantil Commercebank’s improved third-quarter income came amid an increase of problem loans.
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U.S. automakers need "quick loans" from the federal government beyond the $25 billion loan package already approved in order to prevent one of them from failing because of the tight credit markets, Michigan Governor Jennifer Granholm said on Thursday.
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Prague, Oct 29 (CTK) - Interest of banks in short-term loans from the Czech National Bank collateralised by state bonds is growing slowly, and on Friday and Wednesday it climbed to Kc5bn, according to the central bank's data.
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As the credit market tightens, nearly 30 percent of colleges that use commercial government-backed student loans are considering switching to direct government loans in the next academic year, according to a survey of 416 financial aid administrators released Tuesday by Student Lending Analytics. An additional 6.3 percent of colleges have already switched this year, the survey found. But Yale ...
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KUALA LUMPUR: CIMB Bank Bhd is set to achieve a 25% retail loans growth this year and expects it to be in the “high teens” next year, even though a tougher operating environment could threaten loans demand in 2009.
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SEOUL, Oct 30 (Reuters) - KB Financial <105560.KS>, parent of South Korea's top retail bank Kookmin, on Thursday posted a smaller-than-expected net profit, dented by higher costs to cover its exposure to bad loans and weaker interest margins.
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The European Commission on Wednesday backed a call by the region's carmakers for €40 billion in low-interest loans to help develop cars which meet toughening European Union carbon dioxide emissions targets.
Written by Yahoo! News Search Results for loans on October 29th, 2008 with no comments.
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