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February 7th, 2010

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Citi in talks over $3 billion in car loans: report (Reuters via Yahoo! News)

Citigroup Inc has held talks with private equity groups and hedge funds over the sale of $3 billion in car loans in a move to clear troubled assets from its balance sheet, according to a report by the Financial Times.

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Small-business loans will be focus of Merced workshop (Modesto Bee)

MERCED — A free workshop about small-business loans being made available through the American

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ODB developmental loans total 37m rials in 2009 (Zawya)

07 February 2010 MUSCAT -- Oman Development Bank (ODB) disbursed a total of 3,788 developmental loans, amounting to RO 37 million in 2009. The disbursals, benefiting applicants from all economic sectors and hailing from the different governorates and regions of the Sultanate, are in line with ODB's commitment to providing funding support for productive economic projects and services.

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Manila c.bank approves $655 mln in soft loans (Reuters via Yahoo! Malaysia News)

MANILA, Feb 7 (Reuters) - The Philippine central bank has approved $655 million worth of official development assistance loans from multilateral institutions in support of fiscal consolidation and social welfare projects, official documents show.

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Assembly bill proposes limits on payday loans (Milwaukee Journal Sentinel)

Assembly Democrats would limit payday loans to $600 and bar borrowers from taking out more than one loan at a time, under a preliminary version of a bill a committee will consider Wednesday.

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Oman- Ahli Bank’s key focus to be corporate loans in 2010 (MENAFN)

Oman- Ahli Bank's key focus to be corporate loans in 2010

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Free filing options avoid high cost of refund-anticipation loans (Erie Times-News)

Millions of Americans each year see refund anticipation loans as a shortcut to the tax refund that's coming their way.

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Dinar’s dive means trouble for Serbs with euro-loans (AFP via Yahoo! News)

The steady decline of the Serbian dinar, which is close to the symbolic threshold of 100 dinars for one euro, means many Serbs are struggling to repay their loans traditionally denominated in euros.

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