'Reset loans add to US home woes (Financial Times)The stricken US mortgage market is set to suffer further setbacks in the next two years as $96bn of risky home loans sold with initial flexible payment options switch to more stringent terms.
'Banks Not in Crisis over ?Margin Loans?, Say CEOs (This Day)Chief Executive Officers (CEOs) of banks in the country yesterday dispelled speculations that following the recent steep fall in stock prices, banks had incurred monumental losses from share purchase loans granted investors.
'Credit card use, auto loans dip in March (Yehey!)Credit card receivables as well as auto loans dipped in March in line with weaker consumer spending due to higher prices of oil and other commodities, the Bangko Sentral ng Pilipinas (BSP) said Monday.
'Thrift banks trim bad loans (GMA News)MANILA, Philippines - Thrift banks' asset quality continued to improve as they trimmed their bad loans to even lower levels.
'ICICI Bank Adopts Slow strategy On Education Loans (Nasdaq)(RTTNews) - India's largest private sector lender ICICI bank has been going slow in increasing the education loans, especially at a time when the public sector banks are encouraged to sanction more and more education loans, the media reported.