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December 2009

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Leveraged loans return 52% as ‘cheap money’ spurs 2009 recovery (The Economic Times)

Leveraged loans return 52% as ‘cheap money’ spurs 2009 recoveryLeveraged loans return 52% as ‘cheap money’ spurs 2009 recovery

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Non-performing consumer loans: banks told to frame rescheduling policy (Business Recorder)

KARACHI (January 01 2010): The State Bank of Pakistan on Thursday instructed banks and DFIs to frame policy for rescheduling or restructuring of non-performing consumer loans approved by the Board of Directors.

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Flood victims eligible for disaster loans (Sun-Sentinel)

Residents question pumps' fitness for next deluge The rains that brought flooding and property damage to coastal Broward and Miami-Dade counties just before Christmas are getting a response from the U.S. Small Business Administration: disaster loans.

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5 Ala. counties made eligible for disaster loans (MalaysiaNews.net)

Ten-thousand interest-free loans are expected to be made to small businesses under a new federal program launched in June, but so far many banks are not participating. In Maryland, for example, loans...

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Pranab Mukherjee asks banks to give priority on loans to women SHGs (New Kerala)

Kolkata, Dec 31 : Union Finance Minister Pranab Mukherjee on Thursday instructed nationalised banks to give loans to women self help groups (SHG) on priority basis for their economic development.

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Escambia, Okaloosa and Santa Rosa Counties Eligible for Disaster Loans (WJHG Panama City)

The U.S. Small Business Administration says Escambia County residents and businesses affected by storms and flooding Dec. 12 through 18 may apply for low-interest disaster loans.

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Bank Rakyat: Personal loans sector will remain strong (Business Times (Malaysia))

BANK Kerjasama Rakyat Bhd expects to grow its Aslah personal loans by a tenth this year as it has raised the maximum limit and lengthened the repayment period.

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Leveraged Loans Return 52% as ‘Cheap Money’ Spurs 2009 Recovery (Bloomberg)

Dec. 31 (Bloomberg) -- Leveraged loans posted record returns this year while buyouts such as Blackstone Group LP’s purchase of Anheuser-Busch InBev NV’s amusement-park business helped fuel more than $150 billion of new debt financing.

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Slovenian Economy Gets $797 Million Loans to Weather Downturn (Bloomberg)

Dec. 31 (Bloomberg) -- Slovenian banks, including the country’s largest Nova Ljubljanska Banka d.d., have approved 553 million-euro ($797 million) of loans since June to help companies weather the worst economic downturn since the fall of communism.

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(AFX UK Focus) 2009-12-31 09:16 TIMELINE-Russian banks struggle with bad loans (Interactive Investor)

MOSCOW, Dec 31 (Reuters) - Russian banks have yet to see a peak in bad loans which have forced them to channel $28 billion into provisions this year, wiping out profits across the banking sector.

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