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Torn between the Government's keenness that the youth should get loans for pursuing vocational courses under the bank-wide model educational loan scheme and rising bad loans, bankers' have come up with a via media which will not only satisfy the authorities but also take care of their concerns on loans turning sour.
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Turn loans for vocational courses into small unit advances: Bankers
The bad debt ratio of Spain's banking sector rose for the ninth consecutive month in December to a fresh 17-year high, data released Friday by the Bank of Spain showed.
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Bad Loans At Spanish Banks Rise To 7.61% In December
South Korean banks' lending to households fell the most on record in January because of lower mortgage loans amid sluggish housing transactions, the Bank of Korea said Wednesday.
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S Korea Banks' Household Loans Fall By Record Amount In January
International banks cut their loans to fellow lenders and governments in Italy, France and Spain in the third quarter, hoarding German, Japanese and U.S. bonds instead, data from the Bank for International Settlements show.
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Banks Cut Loans to France and Italy, Pile Into Bunds, Treasuries, BIS Says
NEW YORK, N.Y. – Citigroup's loan portfolio improved late last year, partly because Americans were better about paying down credit card debt. But choppy financial markets hurt its investment banking profits, and the bank missed Wall Street expectations.
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Loans improve at Citigroup as Americans pay down debt, but bank misses Wall St. expectations
Citigroup's loan portfolio improved late last year, partly because Americans were better about paying down credit card debt.
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Citi helped by better loans, hurt by choppy market
European Central Bank Vice President Vitor Constancio said he expects “significant” demand for the bank’s three-year loans, its latest attempt to keep credit flowing to households and businesses during the debt crisis.
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Constancio Sees ‘Significant’ Demand for Three-Year Loans
The former Myrtle Beach-based Crescent Bank gave its officers and directors a record number of insider loans during a period when credit had dried up for most consumers and the bank was borrowing millions from the federal government to weather a nationwide financial crisis, according to data released by the Federal Reserve Bank.
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New data shows insider loans spiked at Crescent Bank during credit crisis
BANK OF Ireland is to sell a portfolio of loans to Sumitomo Mitsui Banking Corporation for €470 million. The bank said it would sell the project finance loans at 85 per cent of their original loan value, which was put at €590 million.
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B of I sells discounted loans to Tokyo bank
THE NATIONAL Asset Management Agency took control of loans to seven of the 10 customers who acquired a stake in the bank previously held by Seán Quinn using loans from the bank.
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Nama took control of seven customers’ loans
