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April 29th, 2009

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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.

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

A House panel was expected to approve 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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HeidelbergCement Said to Offer More Interest to Extend Loans (Bloomberg)

April 29 (Bloomberg) -- HeidelbergCement AG , the German cement maker owned by the Merckle family, is offering banks more interest to extend 9 billion euros ($12 billion) of loans, according to two people familiar with the negotiations.

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(AFX UK Focus) 2009-04-29 10:33 INSTANT VIEW 2- Euro-zone M3, private loans slow in March (Interactive Investor)

FRANKFURT, April 29 (Reuters) - Money supply growth slowed in March, while growth of loans to the private sector in the euro zone fell, the European Central Bank said on Wednesday.

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(AFX UK Focus) 2009-04-29 09:32 TABLE-Euro-zone M3, private loans slow in March (Interactive Investor)

FRANKFURT, April 29 (Reuters) - Money supply growth and loans the private sector decreased in March, the European Central Bank said on Wednesday.

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(AFX UK Focus) 2009-04-29 09:49 UPDATE 1-TABLE-Euro-zone M3, private loans slow in March (Interactive Investor)

FRANKFURT, April 29 (Reuters) - Growth in money supply and loans to the private sector decreased in March, the European Central Bank said on Wednesday.

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Storm victims can draw low-interest loans (Daily News Journal)

Low-interest loans for uninsured damages from the Good Friday tornado enticed Murfreesboro resident Christy Montgomery to apply Tuesday with U.S. Small Business Administration staff.

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