Posts Tagged ‘loan’
|GM Withdraws $14 Billion Loan Application for Advanced Vehicle Development
GM Withdraws $14 Billion Loan Application for Advanced Vehicle Development
, February 3, 2011 (ENS) – General Motors is withdrawing its $14.4 billion application for U.S. Department of Energy low-interest loans to develop future advanced technology vehicles because executives say the company doesn’t need the money.
Read more on Environment News Service
Chrysler CEO seeks government loan refinancing
Chrysler CEO seeks government loan refinancing
SAN FRANCISCO (AP) – Chrysler CEO Sergio Marchionne says he hopes to reach a deal with banks to refinance the company’s high-interest government loans by the end of the first quarter.
Read more on Your Hometown Lima Stations
Loan lessons
Loan lessons
Reserve Bank of India (RBI) Deputy Governor K C Chakrabarty retains his maverick streak. At the finance leadership summit of the Indian Institute Management, Lucknow (IIM-L), someone in the audience asked why car loans were cheaper than education loans in India. The veteran banker’s reply: “When a bank gives car loans, it knows that the borrower has a good job to repay. In education loans, the …
Read more on Business Standard India
Sullivan schools apply for $5M loan for energy efficiency project
Sullivan schools apply for $5M loan for energy efficiency project
BLOUNTVILLE — If Tuesday’s application for $5 million in Energy Efficient Schools Initiative (EESI) loan money for Sullivan County Schools is approved, a total of $15 million in those loans soon will be flowing into the county’s three school systems.
Read more on Kingsport Times-News
RBI limits co-op banks’ home loan exposure to 5% of assets
RBI limits co-op banks’ home loan exposure to 5% of assets
The Reserve Bank of India (RBI) today said that co-operative banks cannot give housing loans beyond 5 per cent of their total assets.
Read more on Business Standard India
US Bancorp Q4 profit up, loan losses decline
US Bancorp Q4 profit up, loan losses decline
CHARLOTTE, North Carolina (Reuters) – US Bancorp reported higher-than-expected fourth-quarter earnings on Wednesday, aided by lower loan losses and the largest increase in new loans since the fourth…
Read more on Reuters
AHFC Approves $625,000 Zero-Percent Loan to Increase Homeownership in Fairbanks
AHFC Approves $625,000 Zero-Percent Loan to Increase Homeownership in Fairbanks
ANCHORAGE, AK–(Marketwire – January 18, 2011) – Qualifying Alaskans will have greater access to homeownership through a $625,000 loan approved by the Alaska Housing Finance Corporation board of directors. The loan will allow Fairbanks Neighborhood Housing Services, Inc. (FNHS) to continue its down-payment assistance loan program for under-served markets and provide assistance to borrowers who …
Read more on Marketwire
Hrant Bagratyan: loan interest rates cannot be lowered in Armenia
Hrant Bagratyan: loan interest rates cannot be lowered in Armenia
If the Central Bank of Armenia decreases the refinancing rate, 9.4% inflation rate will grow to make 20%.
Read more on PanARMENIAN.Net
Loan deadline is Friday for victims of Chesco flooding
Loan deadline is Friday for victims of Chesco flooding
Chester County wants to remind residents about the deadline for victims of the Sept. 30 floods to apply for a form of help.
Read more on The Philadelphia Inquirer
Bedford County loan going to business expansion
Bedford County loan going to business expansion
BEDFORD A $252,400 loan received this week from the state will help make a 10-year expansion dream come true, Bedford County Development Association Executive Director Bette Slayton said.
Read more on Altoona Mirror