April 2009
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April 28 (Bloomberg) -- Peruvian Finance Minister Luis Carranza said the government may tap International Monetary Fund credit lines and take on additional World Bank loans to cope with the effects of the global economic slump.
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(Corrects location of press conference in second paragraph.) April 28 (Bloomberg) -- Peruvian Finance Minister Luis Carranza said his government was considering International Monetary Fund and World Bank loans.
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The cabinet meeting on Tuesday approved the provision of five billion baht in soft loans to prop up the tourism industry, and a special insurance scheme to cover foreign visitors to Thailand.
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Members of the Home Development Mutual Fund or Pag-IBIG who have lost their jobs can now avail of loans from the agency under a new program.
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BANGKOK -(Dow Jones)- The Thai cabinet Tuesday approved granting THB5 billion ($140 million) worth of loans to companies operating in the tourism industry, Finance Minister Korn Chatikavanij said.
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The Cabinet Tuesday approved a budget of Bt5 billion to provide soft loans to small tourism operators, Deputy Finance Minister Pradit Pataraprasit said.
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Vietnam's banks have made about 254.9 trillion Vietnamese dong (14.4 billion U.S. dollars) worth of loans to date as part of the government subsidized loan program, according to a report of the State Bank of Vietnam on Tuesday. The state-owned banks and central credit unions have made the lion's share of subsidized loans, disbursing 187.66 trillion Vietnamese dong (10.6 billion U.S. dollars). ...
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VietNamNet Bridge – The nation's banks have made about VND254.9 trillion (US$14.4 billion) worth of loans to date at the Government-subsidised interest rate of 4 per cent, according to the State Bank of Viet Nam.
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German automaker Daimler said Monday it would giving up its 19.9 percent stake in its former US unit Chrysler and forgiving outstanding loans from the struggling Detroit firm.
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BB&T on Monday said it 'inadvertently' underreported the amount of soured home equity loans in its first-quarter financial report to investors.
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