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loans News Archive10-Oct-2005
'Lawmakers argue over repayment of Katrina loans (Reuters via Yahoo! News) The U.S. Senate on Friday approved up to $1 billion in federal loans to help communities pay employees in the devastated Gulf coast region after an argument over whether the loans could eventually be forgiven.
'Home Loans (The New Zealand Herald)* New Zealand?s biggest non-bank home lender. * This year it lent $700 million. * Its competitors: trading banks, building societies, finance and insurance companies, trustee companies, credit unions, Wizard Home loans. No transaction fees.
'Malaysia's Bank Islam posts massive losses over bad loans (AFP via Yahoo! News) Malaysia's first Islamic bank has posted losses of over 120 million dollars and moved into the red over a slew of bad loans acquired during the Asian financial crisis.
'Development officials write off millions in failed loans (Norwalk Advocate)HARTFORD, Conn. -- Connecticut Development Authority officials have written off millions of dollars in failed taxpayer-financed loans without formal approval from the quasi-state agency's board of directors, a newspaper reported Sunday.
'New library loans crutches, walkers (Vail Daily)EDWARDS - Eagle County now has a new kind of library. Instead of books, this library loans crutches, walkers and wheelchairs. The idea for the new library came from a couple of local women with ties to Vail Valley Medical Center. Andy Searls is a member of the hospital's volunteer corps.
'Panel OKs MPs proposal not to deduct interest from pensions; Move to write off citizens consumer loans (Arab Times)KUWAIT CITY: The National Assembly's Legal and Legislative Affairs Committee has approved a suggestion presented by MPs not to deduct interest for the loans availed by retirees from their pension and referred the issue to the Finance and Economic Committee for its approval, say sources.Convenor of the Legal and Legislative Affairs Committee MP Dr Waleed Al-Tabtabaei said,"we want to finalise this
'Loans of FESCO, JMC may be turned into govt equity (Daily Times)ISLAMABAD: The Government of Pakistan?s guaranteed loans of Rs 3.314 billion for the Faisalabad Electric Supply Company (FESCO) and 2.415 billion for the Jamshoro Power Company (JPC) would be swapped into Government of Pakistan equity, a senior official at the Privatization Commission told the Daily Times on Saturday.
'Congress passes loans for Katrina-hit governments (Reuters via Yahoo! News) The U.S. Congress on Friday approved up to $1 billion in federal loans to help local governments pay employees in the devastated Gulf Coast region after an argument over whether the loans could eventually be forgiven.
'Millions in state loans not repaid (New Haven Register)HARTFORD ? Connecticut Development Authority officials have secretly written off millions of dollars in failed taxpayer-financed loans without formal approval from the quasi-state agency?s board of directors.
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