July 2nd, 2009
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SEOUL -(Dow Jones)- The South Korean financial authority said Friday it would enhance its supervision of financial companies' loans to small businesses and households to ensure the profitability of such enterprises, the Financial Services Commission Chairman Chin Dong-soo said Friday.
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SHANGHAI, July 3 (Reuters) - New lending by Chinese banks is likely to exceed 10 trillion yuan ($1.46 trillion) this year, the Shanghai Securities News reported on Friday, even as bank regulators warned about risks from improper loans.
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Associated Press - July 2, 2009 5:53 AM ET DUBAI, United Arab Emirates (AP) - A state investment fund in the Emirates capital Abu Dhabi says it has raised $5 billion in loans, a sign that banks...
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A state investment fund in the Emirates capital Abu Dhabi says it has raised $5 billion in loans, a sign that banks remain willing to lend to the oil-rich Arab Gulf despite the global slump.
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Survey: Loans To U.K. Companies, Households Rose
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Starting Wednesday, hundreds of thousands of federal student loan borrowers may find it easier to pay back their loans because their monthly payments will now be based on their incomes and family size. The change is especially welcome for graduates who are having a tough time making a living in a sagging economy.
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STOCKHOLM, July 2 (Reuters) - Sweden's central bank cut its key interest rate by 25 basis points to a new record low of 0.25 percent in a surprise move on Thursday, and said it would offer one-year loans to banks to foster lending. The Riksbank said it expected interest rates to remain at that level until late 2010. Deputy Governor Lars Svensson disagreed with the decision and advocated a cut to ...
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Student grants and loans will be frozen this year despite a rise in tuition fees, the government announced yesterday.
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Federal bank regulators are preparing to auction off three-quarters of a billion dollars' worth of agricultural loans left behind by failed New Frontier Bank — the biggest sale of its kind in decades — after Colorado banks were unwilling to take them.
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Washington, D.C. - Hudson Valley small businesses may be eligible for interest-free loans under a new program created by the American Recovery and Reinvestment Act.
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