Commercial lending brokers
Oct. 9 (Bloomberg) — Persian Gulf shares rose, led by Oman Telecommunications Co., the sultanate’s biggest phone company, and Commercial Bank of Kuwait SAK. Measures in the United Arab Emirates declined.
Russia approves loan plan to ease credit crunch (International Herald Tribune)
Parliament on Friday passed a law allowing the Central Bank to make unsecured loans to commercial banks, continuing their anti-crisis strategy.
Federal Reserve to buy up short-term commercial debt (Los Angeles Times)
About $1.3 trillion in commercial paper will be eligible for purchase, senior officials say. The hope is to encourage financial firms to start lending again. The Federal Reserve said Tuesday that it would become a lender of last resort to corporate America and signaled a possible interest rate cut, but the stock market nose-dived again as the financial crisis continued to defy the best …
Lenders tightening business loan conditions, bank survey suggests (CBC)
Data collected by the Bank of Canada suggests that Canadian lenders are tightening the terms and raising the prices of loans to businesses.
Mercer County may create revolving loan (Quad-City Times)
ALEDO, Ill. Because of summer flooding, Mercer County is eligible and will apply to create a revolving loan fund for economic development through Federal Emergency Management Agency funds. The issue is being considered by the Mercer County Board.
Mercer County may create revolving loan fund (Quad-City Times)
ALEDO, Ill. Because of summer flooding, Mercer County is eligible to create a revolving loan fund for economic development through Federal Emergency Management Agency funds. The issue is being considered by the Mercer County Board.
Germany: Hypo supervisory board chief resigns (AP via Yahoo! Finance)
Troubled German commercial property lender Hypo Real Estate Holding AG said Friday that the chairman of its supervisory board has resigned, following the departure earlier this week of its chief executive.
Crop Loan Insurance Scheme: banks given relaxation in outstanding entries clearance (Business Recorder)
KARACHI (October 12 2008): The State Bank of Pakistan on Saturday announced relaxation for the clearance of Crop Loan Insurance Scheme outstanding entries in interbank accounts.
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