May 19, 2012

Zimbabwe: Banks Tighten Screws On Personal Loans

BANKS say the liquidity constraints have affected lending as demand is outstripping supply leading to delays in the processing of loans.

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Zimbabwe: Banks Tighten Screws On Personal Loans

Bank loans to companies defying U.S. slowdown: credit markets

NEW YORK – Banks in the U.S. increased their lending to corporations by the most in almost three years last month, a sign of optimism as evidence mounts that the economic recovery is teetering.

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Bank loans to companies defying U.S. slowdown: credit markets

Catholic church used $400m in Irish bank loans to pay U.S. sexual abuse victims

The funds, in the form of loans, guarantees and lines of credit, were given specifically to pay clerical abuse victims, and led to Allied Irish Banks being dubbed the ‘Vatican’s banking arm’ in U.S. legal circles.

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Catholic church used $400m in Irish bank loans to pay U.S. sexual abuse victims

ANZ is latest to cut rates on fixed loans

A price war on fixed-rate home loans is heating up as the banks take advantage of declining wholesale funding costs to offer lower lending rates.

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ANZ is latest to cut rates on fixed loans

Loans easier for households, but not for firms

BANKS’ lending standards for households eased in the second quarter this year but became tighter for enterprises, results of the latest Senior Bank Loan Officers’ Survey showed.

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Loans easier for households, but not for firms

Loans for poor to start from Parkash Singh Badal’s village

Chandigarh, July 26 : With elections to the Punjab assembly only months away, Chief Minister Parkash Singh Badal Tuesday asked state-run banks to extend loans to poor people, and the banks, in turn, have offered to start the exercise from his native village – Badal.

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Loans for poor to start from Parkash Singh Badal’s village

Loans for poor to start from Badal’s village

Chandigarh, July 26 (IANS) With elections to the Punjab assembly only months away, Chief Minister Parkash Singh Badal Tuesday asked state-run banks to extend loans to poor people, and the banks, in turn, have offered to start the exercise from his native village – Badal.

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Loans for poor to start from Badal’s village

Allied Irish H1 loss up on nonperforming loans

DUBLIN, July 25 – Allied Irish Banks (AIB) unveiled a 2.6 billion euro ($3.2 billion) underlying first-half loss as its number of nonperforming loans increased, but said it expected 2011 to be the last …

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Allied Irish H1 loss up on nonperforming loans

UPDATE 1-Allied Irish H1 loss up on nonperforming loans

* H1 loss 2.2 bln eur vs 1.7 bln loss year ago * Nonperforming loans increase to 34 pct from 29 pct atend-Dec * Deleveraging plan ahead of schedule (Adds details) DUBLIN, JULY 25 – Allied Irish Banks (AIB) …

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UPDATE 1-Allied Irish H1 loss up on nonperforming loans

Risky home loans are making a comeback

WASHINGTON – Loans to those with less than stellar credit are coming back.

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Risky home loans are making a comeback