China's central bank has set up a database on companies' environmental records and banks were told not to approve loans to companies that have violated environmental regulations, the Shanghai Securities News reported Saturday.
South Korea will tighten criteria on a government loan program for low-income households after seeing “excessive” demand in the first month, the head of the country’s financial regulator said.
The federal government rushed through a change in student loan funding to ensure 50,000 post-secondary students would have enough money to go to school this fall
LONDON — Gazprombank , a former banking unit of Gazprom, has raised more than $750 million on its new three-year syndicated loan from 12 lenders, banking sources close to the deal said Friday.
SOURED LOANS of thrift banks in relation to total loans rose in the first quarter, while those of rural and cooperative banks declined, data from the Bangko Sentral ng Pilipinas (BSP) showed.
KUALA LUMPUR: The Ministry of Finance is studying ways to simplify loan application processes to new entrepreneurs, said Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah.
Despite a decline in core lending from the previous quarter, latest data from the Bangko Sentral ng Pilipinas (BSP) said that the country’s thrift banks posted a slightly higher level of bad loans in March.
Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.
The 27-year-old Bulgarian striker will play on loan for Maccabi for one season, and the Israeli club will have the right to purchase him from Borussia if they are satisfied with his performance.
Banks, credit unions worry that reform will change business model By JERRY SIEBENMARK McClatchy Newspapers Updated Sep 4, 2010 04:55PM MDT WICHITA, Kan. • Bank and credit union executives will be waiting for the next several months, even years, for their business to change, perhaps dramatically, as federal regulators put in place the most significant piece of banking legislation in nearly two ...
BLADE STAFF The Oregon branch of Directions Credit Union was robbed Friday morning by two armed men who wore dark ski masks and gloves, the FBI said. The robbery at 3312 Dustin Rd. occurred about 9:40 a.m. The robbers, armed with handguns, were seen fleeing in an older, gray four-door sedan. They wore loose, long-sleeved shirts, one green and one blue, and dark tennis shoes. Anyone with ...
There are NRIs who want to come back and start their own enterprise in India as the country offers high returns. To support them, Nair said, the bank offers loans for setting up such ventures at very attractive rates of interest.
Credit report checks aren’t something to look forward to, especially if you know your credit history won’t impress the lender. But there is another reason why you should be worried. Much more recently, employers are using applicants’ credit reports to deny jobs, The Huffington Post reported. According to the site, the Society for Human Resource Management conducted a survey which showed that as ...
Mortgage rates fell to the lowest level in decades for the 10th time in 11 weeks, as investors worried about the economy. Business - United States - Mortgage - Financial Services - Mortgage loan
AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
Job description - Senior Credit Controller/Credit Controller - City of London - A28,000 - A30,000 plus competitive benefitsInternational legal services company based in Central London are currently looking to add a Credit Controller to one of their busy and highly successful divisions.
AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined.
A new credit card law doesn't allow students under 21 from owning a credit card if they are unemployed. That could prevent them from building up a credit history.
BUSINESS’ credit appetite stayed strong last month, while consumers remained cautious, causing the annual growth rate for credit extended to the domestic private sector in July to increase to 11,4 per cent from 10,6 per cent in June.
Chinese local government financing vehicles may have outstanding loans of as much as 10 trillion yuan this year and exceeding 11 trillion yuan in 2011, the China Business News reported, citing Liu Yuhui, an economist with the Institute of Finance and Banking at the Chinese Academy of Social Sciences.
The Mortgage Bankers Association spent $745,000 in the second quarter to lobby the federal government on issues including banking regulations, housing issues and reforms to the financial system.
The City Economic Development Loan Committee voted Tuesday afternoon to continue talks about a request on behalf of the Forrest and Doris Sensenich Foundation to convert the former Wal-Mart building into a convention center.
U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later.
AP - RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent.
U.S. News & World Report - More than four years after real estate values peaked, the historic plunge in home prices remains fresh in the minds of mortgage lenders. After taking painful losses on delinquent home loans, banks have imposed tougher standards--such as increased credit scores and higher down payment requirements--on applicants of all stripes. And as investors fled for the hills, the exotic mortgage products that helped fuel the real estate boom have largely disappeared from the private market. But that doesn't mean all buyers need a big pile of cash to snag a home loan. ...