Posts Tagged ‘bank’
|Afghans continue pulling money from troubled bank
Afghans continue pulling money from troubled bank
Nervous Afghans pulled more deposits out of the nation’s largest bank despite assurances from government leaders that their money was safe.
Read more on AP via Yahoo! Finance
Regulators shut down Ravenswood Bank
Regulators shut down Ravenswood Bank
U.S. regulators closed Ravenswood Bank of Chicago, bringing the 2010 total of failed banks to 109. The Illinois Department of Financial and Professional Regulation closed the bank, which had $269.5 million in total deposits, $211 million in loans and two branches.
Read more on Chicago Tribune
Did Microlending Survive the Recession? Yes, Says Grameen Bank Founder
Complete Premium video at: fora.tv Nobel laureate Muhammad Yunus says the Grameen Bank in Bangladesh and its microcredit program remain robust despite the gloomy state of the global economy. Yunus credits the bank’s one-on-one relationship with the “real economy” for shielding it from the economic turbulence. “We don’t even know there’s a crisis going on,” he says. —– Microcredit pioneer and Grameen Bank founder Muhammad Yunus shows how he believes the social business model can harness the entrepreneurial spirit to address poverty, hunger and disease. Yunus shows how social business has gone from being a theory to an inspiring practice, adopted by leading corporations including BASF, Intel, Danone, Veolia and Adidas, as well as entrepreneurs and social activists worldwide. He demonstrates how social business transforms lives; offers practical guidance for those who want to create social businesses of their own; explains that public and corporate policies must adapt to make room for the social business model; and claims that social business holds the potential to redeem the failed promise of free-market enterprise. Social Entrepreneurship in America is a special series featuring leading innovators and pioneers utilizing entrepreneurial passion and rigor to solve societal problems. – Commonwealth Club of California Muhammad Yunus is founder and managing director of the Grameen Bank, established in Bangladesh in 1983. Dr. Yunus founded the bank with the objective of …
New bank to woo small firms with local loans policy
New bank to woo small firms with local loans policy
BANK managers will be put back at the heart of decision making on lending, according to a new bank readying itself for a launch on Scotland’s high street.
Read more on The Scotsman: Business
Bank of Tokyo-MUFJ to create fund for BOJ loans -Nikkei
Bank of Tokyo-MUFJ to create fund for BOJ loans -Nikkei
July 8 (Reuters) – Bank of Tokyo-Mitsubishi UFJ plans to create a fund as early as this month to extend loans to companies in 18 growth sectors designated under the Bank of Japan’s new lending facility, the Nikkei business daily reported.
Read more on Reuters via Yahoo! Asia News
NOW This may Cause a Bank Run!
Bank Holiday here We COME Court Orders Fed to Disclose Emergency Bank Loans www.bloomberg.com World faces hi-tech crunch as China eyes ban on rare metal exports tinyurl.com Antal E. Fekete Gold is not available at any price quoted in Zimbabwe dollars. This will happen to the USD and the dollar will collapse www.gata.org The Buzz over Bernanke www.safehaven.com Preparing for the Worst au.pfinance.yahoo.com What Lies Behind the CFTC’s Revocation of Exemptions in Agriculture Position Limits? tinyurl.com
S.Korea agency to buy $3.7 bln savings bank loans
S.Korea agency to buy $3.7 bln savings bank loans
SEOUL, June 25 (Reuters) – The state-run debt clearer, Korea Asset Management Corp (KAMCO), will buy 4.4 trillion won ($3.7 billion) worth of property-related loans held by savings banks by the end of this month, a top regulator said on Friday.
Read more on Reuters via Yahoo! Asia News