October 2009
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Oct. 29 (Bloomberg) -- European Central Bank council member Axel Weber signaled the bank may start to withdraw its emergency stimulus measures next year by scaling back its “very long- term” loans to banks.
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FRANKFURT -The largest German bank, Deutsche Bank, said Thursday that it cut the amount of provisions taken against bad loans almost in half in the third quarter, to 544 million euros. Read more...
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Oct. 29 (Bloomberg) -- KB Financial Group Inc. , owner of South Korea’s largest bank, posted a 69 percent drop in third- quarter profit as interest margins narrowed and provisions for bad loans rose.
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MOSCOW, Oct 29 (Reuters) - Ratings agency Moody's expects bad loans at Russian banks to rise to 20 percent of the total portfolio this year and to 25 percent in 2010, it said on Thursday, adding that current provisions were lower than needed.
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KOTA KINABALU, Oct 29(Bernama) -- Good loan repayment record by most single mothers has led to the approval of RM7 million loans by Yayasan Usaha Maju, a micro-credit institution, to 1608 single mothers in Sabah this year, state Community Development and Consumer Affairs Minister Datuk Azizah Mohd Dun said today.
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The largest German bank, Deutsche Bank, said today that it cut the amount of provisions taken against bad loans almost in half in the third quarter, to €544m.
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The largest German bank, Deutsche Bank, said Thursday that it cut the amount of provisions taken against bad loans almost in half in the third quarter, to 544 million euros.
Written by Yahoo! News Search Results for loans on October 29th, 2009 with no comments.
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Oct. 29 (Bloomberg) -- Farglory Land Development Co. led declines by Taiwan builders after the United Daily newspaper said the central bank asked the island’s state-owned lenders to curb loans used for property investment.
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* Cbank to auction $906.5 mln of state loans on Thursday
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The Japanese government is reportedly considering legislation that would encompass state-backed loans and mandated cuts in pension benefits for struggling national carrier Japan Airlines.
Written by Yahoo! News Search Results for loans on October 28th, 2009 with no comments.
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