August 31st, 2009
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Sept. 1 (Bloomberg) -- China’s four biggest banks had about 135 billion yuan of new loans in the first 30 days of August, Caijing Magazine reported on its Web site late yesterday, citing internal figures from the lenders.
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The Federal Reserve has made $14 billion in profits on loans made in the last two years, The Financial Times reported on Monday, citing officials close to the matter.
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The Bihar government has written to Union Finance Minister Pranab Mukherjee seeking extension of interest subsidy for three years on short term crop loans in 26 drought hit districts.
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State officials are setting up an about $18 million revolving loan fund that will provide no-interest and low-interest loans to businesses, nonprofits, local governments and even individual homeowners that make energy-efficient and renewable energy improvements.
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The economic stimulus bill has enabled the Small Business Administration to expand its Microloan program, which provides small loans and technical assistance to aspiring entrepreneurs.
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Harare — Agricultural implements manufacturer and distributor, Hastt Zimbabwe, is looking at ways of facilitating loans for farmers to enable them to buy tillage equipment during this summer cropping season.
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BEIJING, Aug 31 (Reuters) - China will cut costs of raw material imports by subsidising the interest on loans taken out to pay for shipments, China's top planning body, the National Development and Reform Commission, said.
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Many students are forced to take out loans to finance college, but more and more are making the wrong decision by choosing private over federal loans.
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SHANGHAI - NEW loans in China may fall to less than 300 billion yuan (S$63.3 billion) in August as banks further tighten lending amid concerns over bad loans and asset bubbles, Chinese media reported on Monday. The big four banks - Industrial and Commercial Bank of China, Bank of China, China Construction Bank, and Agricultural Bank of China - lent less than 100 billion yuan in the first 25 days ...
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New loans in China may fall to less than 300 billion yuan (43.9 billion dollars) in August as banks further tighten lending amid concerns over bad loans and asset bubbles, Chinese media reported Monday.
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