Loans

Page: The newest news, 1, 2, 3, 4, 5, 6, 7, 8, 9, 10

ECB Won't Take Over Corporate Loans, Bini Smaghi Says (Update1)
(Bloomberg - Oct 13, 2008)

Oct. 13 (Bloomberg) -- European Central Bank executive board member Lorenzo Bini Smaghi said the ECB won't substitute private banks in making commercial loans to businesses.

www.bloomberg.com/apps/news?pid=20601092&sid=axITu3u9IvBg

Just two weeks to get Mara loans, says Idris
(The Star - Oct 13, 2008)

KUALA LUMPUR: Two weeks is all it takes for Majlis Amanah Rakyat (Mara) to disburse entrepreneur loans to deserving applicants. Its chairman Datuk Seri Idris Jusoh said that this would be for applicants who provided all the necessary details when applying for loans of up to RM500,000.

thestar.com.my/news/story.asp?file=/2008/10/13/nation/200810...

M&I to scale back Ariz., Florida loans
(BizJournals - Oct 13, 2008)

Stung by losses in the hundreds of millions from construction and development loans in Arizona and Florida, M&I Marshall & Ilsley Bank plans to reduce the size of that portfolio by 50 percent over the next three years.

www.bizjournals.com/milwaukee/stories/2008/10/13/story6.html...

SBA loans
(The Indianapolis Star - Oct 13, 2008)

These Small Business Administration loans were approved in July:

www.indystar.com/apps/pbcs.dll/article?AID=/20081013/BUSINES...

Demand for fixed home loans plunges
(The West Australian - Oct 13, 2008)

Demand for fixed-rate home loans has plunged to a seven-year low, prompting two major banks to slash rates on these mortgage products. Westpac announced today it would cut its fixed home loan rate by

www.thewest.com.au/default.aspx?MenuId=3&ContentID=102469

Congress OKs loans for U.S. auto industry
(BizJournals - Oct 13, 2008)

Congress has voted to fund $25 billion in low-interest loans for automobile manufacturers that retool their plants to build advanced-technology vehicles in the United States.

www.bizjournals.com/charlotte/stories/2008/10/13/smallb6.htm...

Westpac Banking Cuts Its Fixed Interest Rates for Home Loans
(Bloomberg - Oct 12, 2008)

Oct. 13 (Bloomberg) -- Westpac Banking Corp. , Australia's second-biggest by market value, cut its fixed interest rate for home loans by as much as 110 basis points after the central bank cut the benchmark lending rate last week.

www.bloomberg.com/apps/news?pid=20601081&sid=a0.UOvvOJXfU

Money Market Managers On Loans To Businesses
(NPR - Oct 12, 2008)

One of the reasons the credit market has frozen is that money market mutual funds are not investing in "commercial paper"— that is, they're not making the short-term loans to businesses that those firms need to operate.

www.npr.org/templates/story/story.php?storyId=95653218&ft=1&...

European Nations Agree To Guarantee Loans
(NPR - Oct 12, 2008)

Europe is taking stronger, coordinated action to restore confidence in the continent's banking system. Fifteen euro zone countries have agreed to guarantee future loans among banks through the end of next year, according to French President Nicolas Sarkozy. NPR's Frank Langfitt talks to host Andrea Seabrook about European credit markets, which have seized up as there as they have in the U.S.

www.npr.org/templates/story/story.php?storyId=95653215&ft=1&...

Draft: Europe would guarantee inter-bank loans
(AP via Yahoo! News - Oct 12, 2008)

A draft declaration by euro-zone leaders says their governments plan to temporarily guarantee future loans among private banks to unlock frozen credit markets.

news.yahoo.com/s/ap/20081012/ap_on_bi_ge/eu_europe_crisis_su...