01 Feb

Singapore credit growth rises in January, driven by business-related loans

Singapore credit growth rises in January, driven by business-related loans
Singapore credit growth continued to pick up in January driven by business loans rather than consumer loans. It registered at 2.9 percent y/y, up from 1.1 percent in the previous month and the trough of -2.7 percent in June 2016. Most importantly, the …
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econotimes.com


India’s ICICI Bank Q3 net falls 19 percent, bad loans rise
MUMBAI, Jan 31 (Reuters) – ICICI Bank Ltd , India’s No.2 lender by assets, said its third-quarter net profit fell 19 percent as bad loans rose, although the profit decline was smaller than expected. Net profit fell to 24.42 billion rupees ($ 360 …
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NASDAQ


Feb. 1 Letters: Airport loans, travel bans
Kudos to the Daily Press and intrepid reporter Dave Ress for uncovering the Peninsula Airport’s Commission’s inappropriate use of $ 4.5 million in taxpayer money to fund an airline startup with a questionable business plan. It might make sense for the …
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Daily Press


1,000% loans? Millions of borrowers face crushing costs
Last Christmas Eve, Virginia resident Patricia Mitchell borrowed $ 800 to help get through the holidays. Within three months, she owed her lender, Allied Cash Advance, $ 1,800. On the other side of the country, Marvin Ginn, executive director of Native …
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Fairway Independent Mortgage – Home Loans Brings Many Specialties To The Table
BELLINGHAM, Wash. – Jan. 31, 2017 – PRLog– Have you and your loved ones finally settled on your future home? The search proved to be a long and difficult one, but it paid off with a selection that the whole family loves. However, before you start thinking …
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