Posts Tagged ‘Bank’

Britain registers 4.5 percent inflation rate in April

Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – Britain registered on Tuesday a yearly inflation rate of 4.5 percent for April. It is the highest consumer price index rate logged since October 2008, and up by 0.5 percent from the 4 percent logged in March. The higher-than-expected CPI data prompted Bank of [...]

Transactions by cheques down 2.6 % in 2010-11

clearances in the fiscal. Transactions worth Rs 104.09 crore were carried out in the country during the previous fiscal, as per the latest data from the Reserve Bank. However, the total number of … View full post on All Stories

Ulster Bank loss at €441m for first three months of 2011

Ulster Bank has reported an operating loss of €441m for the first quarter of 2011 due to an increase in bad loans. View full post on All Stories

CIMB Niaga Distributes Rp 38 T Commercial Loans

JAKARTA (IFT) – Bank CIMB Niaga Tbk (BNGA) posted an outstanding commercial loan of Rp 37 trillion – 38 trillion. This is 35 percent of the bank’s total loans which is comprised of corporate loans (32 percent), retail loans (31 percent) and Islamic finance (2 percent). The high growth of commercial loans is mainly due [...]

New lease on life for Saab with Chinese firm’s investment

Kris Alingod – AHN News Contributor Trollhattan, Sweden (AHN) – Saab owner Spyker Cars on Tuesday announced that it had secured an investment from a little known Chinese company, allowing it to resume production at its Saab plant. The Dutch automaker will receive euros 120 million ($222 million) from the Hawtai Motor Group in return [...]

BOJ Shirakawa warns Japan economic outlook “very severe”

Bank of Japan Governor Masaaki Shirakawa said on Saturday that the country’s economic outlook was very severe and that the central bank would take appropriate action to support the economy. View full post on All Stories

UK economy makes feeble recovery in first quarter

Britain’s economy recovered only modestly at the start of the year, hindered by a sharp drop in construction and making it likely that the Bank of England will keep rates at record lows for some months. View full post on All Stories

Financial expert hired to probe top audit firms over loans

The country’s main bank auditors are facing yet another investigation into their performance in the financial crisis as a UK expert involved in the Nick Leeson/Barings Bank case is called in. View full post on All Stories

BoJ chief sees Japan

economy shrinking in H1 TOKYO: Bank of Japan governor Masaaki Shirakawa said the economy will likely contract in the first half mainly due to stalled production after the quake-tsunami, the Wall Street Journal reported Saturday. “We are now expecting View full post on All Stories

TAB Bank Announces First Quarter Fundings

OGDEN, UT — 04/22/11 — TAB Bank provided $36 million in working capital facilities for 24 businesses during the first quarter of 2011. The facilities included asset-based lines, accounts receivable lines, re-discount lines, equipment loans, and lender View full post on All Stories

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