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15 May 2011 ~ Comments Off

Brussels mulls new Greece aid

EUROPEAN finance ministers are to meet in Brussels on Monday to discuss further support, including new loans, to Greece, which is struggling under a crippling debt burden. View full post on All Stories

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14 May 2011 ~ Comments Off

WOM Finance records 3% drop in auto loans

PT Wahana Ottomitra Multiartha (WOM) Finance, which provides loans to purchase vehicles, recorded in the first quarter of 2011 a 3 percent drop in the amount of loans disbursed. View full post on All Stories

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07 May 2011 ~ Comments Off

Rwanda to boost budget as growth slows in 2011

Rwanda plans to increase its budget for the fiscal year starting in July by 16.7 percent to help accelerate growth and reduce poverty, the Ministry of Finance said on Friday. View full post on All Stories

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26 April 2011 ~ Comments Off

Egypt seeking loans from IMF, World Bank: minister (AFP)

AFP – Egypt is talking to the International Monetary Fund and the World Bank to secure loans worth around $6 billion, Cairo’s Finance Minister Samir Redwan said on Tuesday. View full post on All Stories

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24 April 2011 ~ Comments Off

Pre-sanctioned home loans look attractive, but they don?t suit everybody

Banks and housing finance companies offer pre-approved home loans even before the borrower decides on the property. While this sounds inviting, there may be some not-so-exciting features. Check out View full post on All Stories

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08 April 2011 ~ Comments Off

SWEDEN: National Debt Office coy on Saab collateral release

Sweden’s National Debt Office is declining to comment on reports it could release some finance to Saab that the automaker potentially made available to secure loans. View full post on All Stories

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05 April 2011 ~ Comments Off

€16bn of small project loans won’t go to NAMA

THE Department of Finance has insisted there is no prospect of €16bn worth of “small” development loans transferring over to Nama, even though some banks believe this may “potentially” happen. View full post on All Stories

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29 March 2011 ~ Comments Off

NAMA to take over further €4bn loans despite Coalition’s pledge

THE Department of Finance has told Nama to press ahead with taking over some €4bn of loans whose future was thrown into doubt by the change in government. View full post on All Stories

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28 March 2011 ~ Comments Off

Restore fiscal order: Finmin to states

In line with 13th Finance Commission recommendations, states told to cap borrowings between 3 & 3.5% of GSDP in FY12. View full post on All Stories

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27 March 2011 ~ Comments Off

Minister sticks to plan

Canadian Finance Minister James Flaherty says he will re-introduce the same fiscal plan he tabled last week if his government wins the federal election on May 2. View full post on All Stories

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