Monday, January 28, 2013

The world's oldest bank gets its bailout after years of trouble, with the loans expected in February


Rosneft Said to Seek $13 Billion in Loans for Second TNK-BP Deal
Bloomberg
Rosneft is offering lower interest margins on the debt compared with the $16.8 billion of loans the Moscow-based company raised in December to pay for BP Plc (BP/)'s stake. Lenders will be paid 200 basis points more than benchmarks on the five- year ...
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Peru's 2012 Bank Loans Rise More Than 15%; Mortgage Loans Lead
Fox Business
The Central Reserve Bank of Peru said that overall loans to the private sector rose by 15.6% last year, with mortgage loans in Peru's booming real estate sector increasing by 26%. The strength in loans is expected to continue this year, with Peru's ...
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Bayport's New Unsecured Loans at 21-Month Low in South Africa
Bloomberg
The value of consumer loans not backed by assets surged 39 percent in the year through September to 140 billion rand, according to the Johannesburg-based National Credit Regulator. The loans accounted for 10 percent of consumer credit at the end of ...
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Chase tops $20B in small business loans
Orlando Business Journal
Chase provided $20.2 billion in small business loans in 2012, with the most significant growth in California, Florida, Louisiana, Nevada, Oregon and Washington. Cindy Barth: Editor- Orlando Business Journal: Email | Twitter. Chase provided $20.2 ...
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Payday Loans Online -- New Rapid Loan Checker Launched
The Herald | HeraldOnline.com
PaydayLoansOnline.net has launched a rapid loan checker service. The site has increased the speed of its matching capabilities to connect applicants with top payday loans online lenders. Applications can be made via the simple online form.
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Equity Loans LLC Closes Successful 2012 with 17 New Branch Locations ...
Fort Mills Times
Equity Loans LLC, a leader in the residential mortgage industry whose operations extend to more than 30 states, reported significant levels of corporate growth in 2012 with more than a 50 percent increase in loan production. Equity Loans opened 17 new ...
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ADB, World Bank extend loans to Myanmar
UPI.com
The ADB, headquartered in Manila, said the $512 million loan marked the resumption of its operations in Myanmar after about three decades and said Myanmar's re-emergence with key reforms in governance and the financial sector have progressed to a ...
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Workshop to outline SBA loans, programs
nwitimes.com
HAMMOND | The Hammond INnovation Center and the NWISBDC present their next lunch and learn workshop about SBA loans. The workshop will be from 11:30 a.m. to 1 p.m. Feb. 6 at the Hammond INnovation Center, 5209 Hohman Ave. The Small ...
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Global Fund Loans Vehicles to LISGIS
AllAfrica.com
Liberia: Global Fund Loans Vehicles to LISGIS. By Necus M. Andrews, 28 January 2013. The Global Fund to fight AIDS, Tuberculosis and Malaria through the Ministry of Health and Social Welfare has donated six Land Rover and Cross-Country jeeps to the ...
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Eco-car loans may drive up NPLs, leasing group fears
The Nation
The Thai Hire Purchase Association has raised concern over the level of non-performing loans in auto lending this year as it foresees NPLs rising in the eco-car segment, with new buyers potentially miscalculating future running costs. Isara Wongrung ...
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Bank of Italy approves €3.9bn loans for controversial bailout of Monte dei ...
ForexLive (blog)
The world's oldest bank gets its bailout after years of trouble, with the loans expected in February. The problems stemmed from a 2007 deal to buy a bank (Antonventa) from Santander for Eur 9bln which was widely seen to be heavily overvalued… More…
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Bad Credit Auto Loans Lender, Complete Auto Loans, Addresses the Importance ...
Seattle Post Intelligencer
Complete Auto Loans encourages consumers to make sure their vehicle is up to date this year, by providing auto loans that are always approved – even poor credit auto loans for people with bad credit. There are a couple of ways that vehicles should be ...
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RFM prepaying P1-b loans
Manila Standard Today
RFM Corp., a listed food and beverage company, said Monday it will prepay P1 billion worth of long-term loans after posting financial results in 2012. RFM said in a disclosure to the stock exchange it would use proceeds from the recent sale of its meat ...
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Qianhai cross-border loan scheme starts with 2b yuan
South China Morning Post
China kicked off its cross-border yuan loan scheme in Qianhai on Monday with Hong Kong-based banks signing some 2 billion yuan (US$321.5 million) in lending to mainland Chinese firms for 26 projects, a banker with knowledge of the matter told reporters.
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Unable to repay: But the FSA could rule that there has not been widespread mis ...
This is Money
The Financial Services Authority (FSA) is examining interest-only mortgages as the time approaches when large numbers of the loans sold during the credit boom become due for repayment. The FSA is due to report back in the first quarter of this year.
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A fix on home loans
Hindu Business Line
A Reserve Bank of India (RBI)-appointed panel's recommendation that banks offer home loans carrying fixed interest rates for at least 7-10 years, with a reset provision for the remaining tenure, deserves serious consideration. Currently, more than ...
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