Commercial lending book


KARACH, Oct 4: Pakistan had received $500 million in loan from the Asian Development Bank, a State Bank spokesman said on Saturday. The ADB had approved a $1.5 billion loan last week to help Pakistan absorb the impact of high fuel and food prices.

Commercial paper makes massive drop, Fed says (AP via Yahoo! Finance)
Outstanding commercial paper, the short-term debt that companies issue to raise cash, dropped by $97.1 billion in the week ended Oct. 1, the Federal Reserve said Thursday, due to the severe seize-up in lending.

HK Disney clears commercial loans (Canadian Business)
HONG KONG - Hong Kong Disneyland said Wednesday it has cleared its commercial loans of about HK$3.3 billion ($425 million) - thanks to the help from The Walt Disney Co., which provided a cheap financial arrangement.

Commercial real estate feels pinch (Minneapolis-St. Paul Star Tribune)
Concerns mount for income-producing properties. Tightened credit has slowed the market and cut into refinancing.

Commercial builders worry as credit shrinks, tenants grow scarce (BizJournals)
As the high-risk, high-drama bailout bill stalled on Capitol Hill this week, so did a variety of commercial projects in Triad.

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