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September 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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Pyne Gould aims to turn dud Marac loans into gold (Scoop.co.nz)

Sept. 30(BusinessWire) - Pyne Gould Corp. aims to take the impaired property loans off its Marac unit books and transfer them to its fledgling Perpetual Asset Management arm where they’ll have a market value and be managed as an asset. The deal kills ...

Written by Yahoo! News Search Results for loans on September 29th, 2009 with no comments.
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China Big 4 Banks Had 200 Billion Yuan New Loans, News Reports (Bloomberg)

Sept. 30 (Bloomberg) -- China’s four biggest banks had about 200 billion yuan ($29 billion) of new loans in the first 25 days of this month, China Business News reported today, citing an unidentified bank official.

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Govt helped home loans soar (BigPond News)

The first home owner grant has helped mortgage brokers write more than $18 billion of home loans.

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PAG-IBIG, GSIS say ready for calamity loans for ‘Ondoy’ victims (ABS-CBNNEWS.com)

Officials from PAG-IBIG and GSIS assured the public that they are ready to grant loans to Ondoy victims. In an interview at Umagang Kay Ganda, GSIS Executive VP for Operations Connie Manansala says that the P5 billion calamity fund will be available to affected members from October 1, 31, 2009. They can avail of the loan thru the various kiosks that GSIS will be opening in accesible locations ...

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Pyne Gould aims to turn dud Marac loans into gold with credit fund (ShareChat)

Pyne Gould Corp. aims to take the impaired property loans off its Marac unit books and transfer them to its fledgling Perpetual Asset Management arm where they’ll have a market value and be managed as an asset.

Written by Yahoo! News Search Results for loans on September 29th, 2009 with no comments.
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