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April 2010

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First loans of Greek bailout deal set to be released

THE EU and IMF plan to release emergency loans to Athens as early as next week as they finalise a series of drastic budget cuts which will intensify pressure on the beleaguered Greek government.

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Fannie Mae to make qualifying for interest-only loans tougher

Fannie Mae, the government-backed mortgage giant, announced Friday that it will tighten lending requirements for the interest-only loans and adjustable rate mortgages (ARMs) it backs.

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Greek PM: New austerity measures needed along with bailout loans for country’s survival

ATHENS, Greece (AP) Facing a dire choice of additional pain or bankruptcy, Greece on Friday heralded drastic new cuts and tax increases to win rescue loans from its European partners and...

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JPMorgan to Halt Tax-Refund Loans to Paid Preparers

JPMorgan Chase will no longer offer independent U.S. tax preparers financing for tax-refund loans, a company spokesman said.

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Barclays 1Q profit up as bad loans ease, but investment banking income drops

LONDON - British bank Barclays PLC reported Friday that profit rose 29 per cent in the first quarter due to fewer bad loans, but its share price

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(AFX UK Focus) 2010-04-30 09:52 Indonesia’s Telkom agrees standby loans, bond issue

JAKARTA, April 30 (Reuters) - PT Telekomunikasi Indonesia , the country's biggest telecommunications firm, on Friday said it has secured standby loans for 3-3.5 trillion rupiah ($332.7-$388.2 million) local banks. The loans would be used for any immediate financing needs including consolidation of the telephone tower business, said Sudiro Asno, Telkom's finance director. The company also expects ...

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Indonesia’s Telkom agrees standby loans, bond issue

JAKARTA, April 30 (Reuters) - PT Telekomunikasi Indonesia , the country's biggest telecommunications firm, on Friday said it has secured standby loans for 3-3.5 trillion rupiah ($332.7-$388.2 million) local banks.

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Barclays 1st quarter profit up 29 pct as bad loans ease, but investment banking income drops

LONDON - British bank Barclays PLC reported Friday that profit rose 29 percent in the first quarter due to fewer bad loans, but its share price slumped as a drop in investment banking income alarmed investors.

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KTB boosts mortgage loans

In the move to boost mortgage loans, Krung Thai Bank offers the 6-month zero-rate campaign during the Money Expo.

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Loans to business finally rise

Hopes for a pick-up in the small business sector increased after official figures showed loans to business increased for the first time in fifteen months in March.

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