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Turkish banks' loans growth declines further
Reuters
(Adds details of central bank credit growth measures in final three paragraphs) ISTANBUL Feb 6 (Reuters) - Growth in Turkish bank loans slowed to less than 27 percent year-on-year at the end of January, adding to signs of an economic slowdown after a ...

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Firstpost

SKS Microfinance Securitizes More Loans
Wall Street Journal
By ASHUTOSH JOSHI And SUDEEP JAIN MUMBAI -- SKS Microfinance Ltd. Monday said it has securitized one of its loan portfolios for 2.43 billion rupees ($50 million) via a rated pool assignment transaction, a move which could possibly help the struggling ...
SKS: An image makeover won't solve its valuation problemFirstpost

all 9 news articles »


Business Loan Fraud Cases Advance
Credit Union Times
By Michelle A. Samaad Two major credit union cases involving business loan fraud made news over the past week. A jury is currently hearing testimony in the case involving William Liddle, former lending officer at AEA Federal Credit Union, ...

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comparethemarket.com Launches Simples Rewards on Credit Card and Loan ...
MarketWatch (press release)
LONDON, February 6, 2012 /PRNewswire via COMTEX/ -- Following the successful launch of the new credit card and loan comparison service, comparethemarket.com has launched a new TV advert on ITV & C4. In the advert, the popular character Sergei, ...

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French Tribune

'Pay-day' loans used to fund plastic surgery: Website deals linked to 'good looks'
Daily Mail
By Vanessa Allen Pay-day loan firms came under fire yesterday for offering unsecured lending arrangements to fund cosmetic surgery. Glossy websites promote short-term pay-day deals alongside unsecured loans to pay for operations including face lifts, ...
Would you get an instant loan to pay for plastic surgery?AOL Lifestyle UK
Avoid Taking Pay-Day Loans For Cosmetic Surgery, Says ReportFrench Tribune
Personal injury lawyers, cosmetic surgery and cigarettes should be banned from ...The Drum

all 13 news articles »


Biz Brain: What's my liability for my daughter's student loans?
The Star-Ledger - NJ.com
By Karin Price Mueller/The Star-Ledger Q. I took out a Direct PLUS loan for my daughter's education, based on my good credit. Now she is graduating with no work prospects. I can't afford to pay these loans. It was intended that she would be able to, ...



Bad loans were legally hidden as Lenihan made pledge
Irish Times
The flaw allowed banks to conceal substantial losses on troubled loans. It reversed the pre-2005 rules under which banks were forced to recognise immediately, losses on bad lending. From 2005 onwards banks were required to wait until the borrower ...
Morning business news - February 6RTE.ie

all 3 news articles »


The Guardian

Payday loans may outstrip credit cards – PwC
The Guardian
PricewaterhouseCoopers (PwC) said that consumers unable to borrow from traditional lenders, including credit card companies, were seeking alternatives such as so-called payday loans. But while these short-term, high-cost loans have previously been ...
Credit card borrowing fades as payday loans riseBBC News
UK households 'still saddled with £7900 debt'MyFinances.co.uk
UK families £7900 in debtTelegraph.co.uk
Express.co.uk
all 24 news articles »


Bloomberg

Spain's Property Purge No Panacea for Loan Drought
Bloomberg
Enlarge image Spain's Property Purge No Panacea for Loan Drought Spain's Property Purge No Panacea for Loan Drought Markel Redondo/Bloomberg Signs advertise apartments for sale, in Bilbao, Spain. Play Video Enlarge image Spain's Economy Minister Luis ...



Air China, China Southern approved for airplane loans
China Daily
The National Development and Reform Commission (NDRC), China's top economic planner, over the last weekend approved Air China Limited and China Southern Airlines Co's application to buy airplanes on international commercial loans, the Beijing Times ...

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