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China's 4 Largest Banks August New Loans 218.8 Billion Yuan, Caixin Says China’s new loans in August for the four biggest banks were 218.8 billion yuan, Caixin Online reported today, citing shared data from the interbank market. www.bloomberg.com
China Property Collateral in Loans for Third Homes, Business News Reports Some individuals are using property as collateral to obtain consumption loans for buying third homes, the China Business News reported, citing some commercial banks in Shanghai. www.bloomberg.com
Payday loans serve those banks reject Over the years I’ve seen many articles critical of the short-term financial product commonly known as a “payday loan.” They have been termed abusive for their high interest rates and the fact that people often have multiple loans and fall into greater debt. I don’t challenge the fact that more of these loans go into default; it speaks to a larger problem: Where do people with credit issues get ... www.phillytrib.com
Thrift banks soured loans rise in Q1 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. www.bworldonline.com
Int'l lenders consider loans for Nabucco gas pipeline Three international financial institutions agreed on Monday to consider loans totaling 4 billion euros (5.1 billion U.S. dollars) for the Nabucco gas pipeline, a key project to reduce EU dependence on Russian gas. english.peopledaily.com.cn
No loans for polluters 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. english.peopledaily.com.cn
9. Unclear how loan-to-value ratio will impact loans growth PETALING JAYA: The impact of any lower loan-to-value ratio (LVR) for mortgages on the banking system loans growth is still unclear, but analysts do expect loans growth to take a hit if the measure is pushed through. biz.thestar.com.my
SBA loans up in Wichita district Matt Graham is one of 264 recipients of Small Business Administration-backed loans in the agency's Wichita district so far this year. www.kansas.com
Rural banks’ delinquent loans fell in March The exposure of rural banks to delinquent loans fell into the single-digit territory in March from a year ago. business.inquirer.net
Daimler Is Said to Plan Refinancing of $8.8 Billion in Loans Due Next Year Daimler AG , the world’s second- biggest luxury carmaker, plans to refinance more than $8 billion of loans due in 2011 to take advantage of improving credit market conditions, two people familiar with the matter said. www.bloomberg.com
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