March 11th, 2010
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The Greater Building Society says it will begin providing home loans at a lower rate than the big four banks, as it seeks to lure away regional customers.
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ANGLO Irish Bank has initiated legal action against controversial former chairman Sean FitzPatrick over unrecovered loans amounting to about €70 million.
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March 12 (Bloomberg) -- Agricultural Bank of China may have more than 740 billion yuan of new loans this year, the China Securities Journal reported today.
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NEW YORK - Discover Financial Services on Thursday said it expects to post a loss for its fiscal first quarter after setting aside more funds to cover soured loans.
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In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores
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VietNamNet Bridge – Commercial banks are feeling confused by hearing conflicting information from government agencies about removing the interest rate ceiling on short-term loans.
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German Min:Cautious About State Guarantees For Bank Loans Idea
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CHARLESTON - The Coles County Board has approved guidelines forprivate companies to apply for low-interest loans through afederally funded program.
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March 11 (Bloomberg) -- National Bank of Kenya Ltd. posted full-year profit of 1.46 billion shillings ($19.1 million), up 18 percent from a year earlier, as income from loans grew, Managing Director Reuben Marambii told reporters today in Nairobi, the capital.
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SHANGHAI - CHINESE banks extended 700.1 billion yuan (S$143 billion) in new loans in February, down sharply from January, the central bank said on Thursday, amid government efforts to curb lending. The figure was only around half the January amount as China last month marked the annual Lunar New Year, the nation's most important holiday and a time when much business activity shuts down.
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