May 19, 2012

Student loans are a ticking 'debt bomb'

It’s a vicious cycle. Many families in this country cannot afford the skyrocketing cost of higher education without student loans. But many graduates can't find a job to pay off the loans.

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Student loans are a ticking 'debt bomb'

China Tells Banks to Roll Over Loans

China has instructed its banks to embark on a mammoth roll-over of loans to local governments, delaying the country’s reckoning with debts that have clouded its economic prospects.

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China Tells Banks to Roll Over Loans

China Tells Banks to Roll Over Local Government Loans

China has instructed its banks to embark on a mammoth roll-over of loans to local governments, delaying the country’s reckoning with debts that have clouded its economic prospects.

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China Tells Banks to Roll Over Local Government Loans

Toxic loans: cause of concern | Business Recorder

A high level of non-performing loans is blamed for the growing reluctance of financial institutions to extend credit facilities to the private sector in the country.

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Toxic loans: cause of concern | Business Recorder

Chavez Threatens to Nationalize Banks Over Agriculture Loans to Farmers

Venezuelan President Hugo Chavez threatened to take over the country’s banks if they don’t hand over 40 billion bolivars ($9.31 billion) for agriculture loans this year.

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Chavez Threatens to Nationalize Banks Over Agriculture Loans to Farmers

Spanish Bad Loans Surged in October as Lending, Deposits Decline

Spanish banks reported more bad loans and lower lending and deposits in October, hurt by the fallout of the country’s property crash and the European sovereign debt crisis.

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Spanish Bad Loans Surged in October as Lending, Deposits Decline

Spanish Bad Loans Jump to 17-Year High as Lending Falls: Economy

Spanish banks reported more bad loans and lower lending and deposits in October, hurt by the fallout of the country’s property crash and the European sovereign debt crisis.

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Spanish Bad Loans Jump to 17-Year High as Lending Falls: Economy

Spanish Bad Loans Surge to Highest in 17 Years as Lending Falls: Economy

Spanish banks reported more bad loans and lower lending and deposits in October, hurt by the fallout of the country’s property crash and the European sovereign debt crisis.

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Spanish Bad Loans Surge to Highest in 17 Years as Lending Falls: Economy

Credit card, auto loans up

The credit card receivables and auto loans from the country’s banks as of end-June 2011 went up from the previous quarter, the latest data from the Bangko Sentral ng Pilipinas (BSP) showed.

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Credit card, auto loans up

Banks see 33% rise in bad loans in Q2 at Rs 1 lakh cr

Bad loans of the listed banks in the country soared by 33.46% to over Rs 1 lakh crore during the second quarter of this fiscal reflecting the impact of rising interest rates and a slowing growth.

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Banks see 33% rise in bad loans in Q2 at Rs 1 lakh cr