February 26th, 2009
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Feb. 27 (Bloomberg) -- Japan may offer emergency loans to Japan Airlines Corp. and All Nippon Airways Co. , the country’s biggest carriers, for the first time in five years as they forecast losses amid a drop in passengers.
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Feb. 27 (Bloomberg) -- Japan’s government is considering increasing the amount of money it makes available for low- interest loans to companies to 1.5 trillion yen ($15.4 billion) from 1 trillion yen, two Finance Ministry officials said.
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("Singapore Jan Bank Loans S$271.29B Vs S$272.18B Dec -MAS," published at 0220 GMT, misstated the day in the first paragraph. The correct version follows.)
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("Singapore Jan Bank Loans S$271.29B Vs S$272.18B Dec -MAS," published at 0220 GMT, misstated the day in the first paragraph. The correct version follows.)
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Feb. 27 (Bloomberg) -- Chunghwa Picture Tubes Ltd. , Taiwan’s fourth-biggest maker of liquid-crystal displays, will seek extensions on more than NT$40 billion ($1.1 billion) of loans as the global recession cuts demand for its panels.
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Feb. 26 (Bloomberg) -- Romania’s government may seek a package of loans from the European Union, the International Monetary Fund and other organizations to ease the worst effects of the global financial crisis, the central bank governor said.
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Ulster Bank, part of the RBS Group, today said that losses from bad loans rose to £394 million last year with loan impairments continuing to rise. It said the last three months of 2008 has seen a notable decline in both activity and sentiment.
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The government today said there was no proposal to waive loans of the landless, but schemes are in place to help them get out of the clutches of money-lenders.
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Responding to a supplementary during Question Hour in the Rajya Sabha, minister of state for finance Pawan Kumar Bansal said there was no proposal to waive loans of the landless. Indian Banks Association have asked its members to provide loans to the landless so that they can pay back the money-lenders, the minister said.
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Home loan professionals Lance A. Ford and Tammy Ford have joined the Lawrence mortgage branch of MetLife Home Loans, a division of MetLife Bank, N.A. Combined, the Fords have 40 years of experience in the home financing industry.
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