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March 9th, 2010

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Sharp fall in home loans (The Age)

Number of loans plunges by 7.9% in biggest fall since 2000.

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Australian Home Loans Drop Most in Nearly a Decade on Rates, Grants (Daily FX via Yahoo! Finance)

Australian Home Loans unexpectedly fell 7.9 percent in January, marking the largest decline in nearly a decade, after the central bank raised interest rates while the government reduced cash handouts to first-time homebuyers.

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WRAPUP 1-Australia home loans dive, belie strength elsewhere (Reuters via Yahoo! Asia News)

* Home loans dive 7.9 pct in Feb in major surprise

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Home loans slump to 10-year low (The Age)

The number of loans plunge by 7.9% in January, in biggest fall since 2000.

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Bank of China 2010 Loans up to 750 Billion Yuan, Securities Says (Bloomberg)

March 10 (Bloomberg) -- Bank of China Ltd.’s new loans this year won’t exceed 750 billion yuan, the Securities Times reported late yesterday, citing Chairman Xiao Gang.

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China February Loans 700 Billion Yuan, Securities Journal Says (Bloomberg)

March 10 (Bloomberg) -- China had about 700 billion yuan of new loans last month, the China Securities Journal reported today, citing an unidentified person familiar with the situation.

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One Congressman’s Solution for Boosting Small Businesses Loans (Motley Fool via Yahoo! Finance)

Congressman Kanjorski on lifting the lending cap on credit union loans to small businesses.

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Bank of China sees new loans growth at 10 pct this yr (Reuters via Yahoo! Asia News)

* Sees new loans growth at around 10 percent this year

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Bank of China sees new loans growth this yr around 10 pct (Reuters via Yahoo! Malaysia News)

SHANGHAI, March 9 (Reuters) - Bank of China <3988.HK> <601988.SS> said on Tuesday it has no other fundraising plans in the A-share market after its 40 billion yuan ($5.86 billion) convertible bond issue, and sees its new loans growth this year at around 10 percent.

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Real estate loans pick up in Q4 of last year (GMANews.TV via Yahoo! Philippines News)

Banks lent more money to the real estate sector in the last quarter of last year, with most of the loans used to build and develop commercial properties, the central bank said on Tuesday.

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