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April 2009

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(AFX UK Focus) 2009-05-01 02:53 Fed near decision on 5-year loans for CMBS-source (Interactive Investor)

WASHINGTON, April 30 (Reuters) - The U.S. Federal Reserve is close to nailing down plans to extend five-year loans against commercial mortgage-backed securities to spur the market for business properties, a person familiar with the discussions said on Thursday. An announcement on plans to open the Fed's Term Asset-Backed Loan Facility to CMBS with terms longer than the three-year loans the ...

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IDB loans Mexico 3 bln dlrs to fight swine flu, economic crisis (TODAYonline)

The Inter-American Development Bank announced Thursday it would approve three billion dollars in loans for Mexico to fight the effects of the swine flu and the global economic crisis.

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PSU students’ loans pile up higher than national average (Penn State Collegian)

Alex Palmer's student loans are tipping the scale at about $36,000, which is more than $26,000 above the national average, according to data recently released by The National Center for Educational Statistics (NCES).

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Resona Profit Falls 60% on Bad Loans, Investments (Update1) (Bloomberg)

April 30 (Bloomberg) -- Resona Holdings Inc. , Japan’s fourth-largest bank by revenue, posted a 60 percent decline in full-year profit as bad loans costs climbed and the value of its investments fell.

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KB Financial Profit Falls 62% as Bad Loans Double (Update3) (Bloomberg)

April 30 (Bloomberg) -- KB Financial Group Inc. , owner of South Korea’s biggest bank, posted a bigger-than-estimated 62 percent decline in first-quarter profit as provisions for bad loans more than doubled in a slowing economy.

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Federal Grants, Loans To Help Stafford Overhaul Water Treatment Plant (Hartford Courant)

The town learned Wednesday that it will receive federal stimulus grants and loans to pay for a much-needed overhaul of the water treatment plant.

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Rabobank: variable base rate on rural loans cut (Scoop.co.nz)

Rabobank New Zealand has announced it will lower the variable base rate on its rural loans by 0.5% per annum, effective May 15, 2009.

Written by Yahoo! News Search Results for loans on April 29th, 2009 with no comments.
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State’s $1B bio plan issues $3.4M in loans (BizJournals)

The Massachusetts Life Sciences Center, the agency charged with distributing the money associated with the Patrick Administration’s $1 billion life sciences bill, has announced it has awarded seven loans to life sciences companies as part of the so-called Accelerator program. The move represents the first round of loans the center has distributed.

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Federal-Mogul Seeks Change in Loans for Treasury Plan (Update1) (Bloomberg)

April 29 (Bloomberg) -- Federal-Mogul Corp. , the U.S. auto partsmaker controlled by Carl Icahn , is seeking to change the terms of its loans so it can participate in the government’s Auto Supplier Support Program, said a banker familiar with the negotiations.

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House panel votes to outlaw ‘liar loans’ (AP via Yahoo! News)

A House panel approved legislation Wednesday that would outlaw the kind of "liar loans" and other questionable bank practices that helped drag down the economy.

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