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September 30th, 2009

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New laws could bring choices for loans, aid (The Daily Northwestern)

New federal government initiatives plan to ease some students' financial burdens with direct loans in which students borrow money straight from the government rather than bank lenders.

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ECB 12-Month Loans May Attract Fewer Bids From Cashed-up Banks (Bloomberg)

Sept. 30 (Bloomberg) -- The European Central Bank’s second offer of 12-month loans may attract less than a third of the bids received in the first tender, indicating banks’ need for extra cash has eased for now.

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Qatar Airways secures loans for new aircraft (AME Info)

Qatar Airways has secured two loans worth $700m to buy four new Boeing 777 aircraft due for delivery this year, Reuters has reported.

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China new loans cross $124b (Straits Times)

SHANGHAI - NEW loans by Chinese banks likely exceeded 600 billion yuan (S$124 billion) in September, reports said Wednesday, as lenders continued to pump money into the country's economic recovery effort. The four major state-run banks - Industrial and Commercial Bank of China, China Construction Bank, Bank of China, and Agricultural Bank of China - extended new loans worth around 200 billion ...

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China September new loans exceed 600 bln yuan: report (AFP via Yahoo! News)

New loans by Chinese banks likely exceeded 600 billion yuan (87.8 billion dollars) in September, reports said Wednesday, as lenders continued to pump money into the country's economic recovery effort.

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