Posts Tagged ‘loans’
|S.Korea KAMCO to buy $4.4 billion bad loans in 2011: report
S.Korea KAMCO to buy $4.4 billion bad loans in 2011: report
Korea Asset Management Corporation (KAMCO) will buy about 5 trillion won ($4.38 billion) worth of bad loans from financial institutions and assets from companies under restructuring this year, local media said on Sunday.
Read more on Reuters via Yahoo! News
Ruling halts H&R Block’s tax refund loans
Ruling halts H&R Block’s tax refund loans
H&R Block Inc. says an order by U.S. regulators bars a lending partner from offering tax refund loans and that it will be hard to fully roll out alternative products in time for the 2011 season.
Read more on Detroit News
Feds say H&R Block can’t offer refund-based loans
Feds say H&R Block can’t offer refund-based loans
Federal regulators have forced hundreds of low- to moderate-income H&R Block customers to seek alternatives next year to the refund anticipation loans they use to pay for tax preparation. The Office of the Comptroller of the Currency on Monday notified the nation’s largest tax preparer that it was immediately terminating its contract to finance refund anticipation loans through HSBC Bank USA …
Read more on Springfield News-Sun
Crimson Exploration Completes New $175 Million Second Lien Term Loan Facility; Refinances Prior Second Lien Term Loans …
Crimson Exploration Completes New $175 Million Second Lien Term Loan Facility; Refinances Prior Second Lien Term Loans …
Crimson Exploration Inc. announced today that it has entered into a new Second Lien Credit Agreement providing for a five-year second lien term loan in the principal amount of $175 million.
Read more on Business Wire via Yahoo! Finance
India govt had no outstanding cbank loans in Dec 17 wk
India govt had no outstanding cbank loans in Dec 17 wk
MUMBAI, Dec 24 (Reuters) – India’s federal government did not have any outstanding loans with the central bank in the week ended Dec 17, the Reserve Bank of India said in its weekly statistical supplement on Friday.
Read more on Reuters via Yahoo! Philippines News
Offer low-rate, high-term loans to poor, President asks banks
Offer low-rate, high-term loans to poor, President asks banks
Indian banks should step up banking services in rural areas and ensure loans offered to poor people carry a lower rate of interest and longer repayment period, President Pratibha Devisingh Patil said here on Thursday.
Read more on Express India
PHL needs P45.47B in ODA loans for farm-related projects
PHL needs P45.47B in ODA loans for farm-related projects
The Philippines needs P45.47 billion in official development assistance (ODA) to fund 31 farm-related projects, the Department of Agriculture said in a report to the President.
Read more on GMA News
Dubai’s DIC extends $2.5b loans
Dubai’s DIC extends $2.5b loans
Dubai’s DIC extends $2.5b loans
Read more on MENAFN
ADB offers $1.18 bln loans for Vietnam road, rail
ADB offers $1.18 bln loans for Vietnam road, rail
HANOI, Dec 14 (Reuters) – The Asian Development Bank (ADB) said on Tuesday it would give Vietnam two loans worth $1.18 billion to finance transport projects involving a combined investment of $3 billion in Ho Chi Minh City.
Read more on Reuters via Yahoo! Asia News
BofA Gets More Time for Talks Over Soured Loans
BofA Gets More Time for Talks Over Soured Loans
Bank of America, investor group agree to extend talks in dispute over soured mortgages
Read more on ABC News