Commercial interest rates on increase The Monitor
THE average lending on commercial bank loans shot up to 19.2 per cent in the month of September, indicating a 1 percent increase. The Bank of Uganda, revealed this in a report on the state of economy released last week at a press conference.
Rein in lending frenzy: JP Morgan Business Standard India
JP Morgan Chase Bank has cautioned that India’s “lending frenzy” warrants a sterner policy response. The Reserve Bank of India (RBI) has tightened the monetary policy since mid-2004, but the job is still not done.
PEOPLE: Marlton man named V.P. at ISN Bank Courier-Post
Marlton resident Anthony Caprice has been named vice president of business development and commercial lending at ISN Bank in Cherry Hill.
BSP says bank lending sluggish despite ample liquidity INQ7 Business
Governor Amando Tetangco Jr. of the Bangko Sentral ng Pilipinas, Manila’s central bank, said bank lending remained sluggish despite ample liquidity in the system.
Lenders Predict 'Ho Hum' Shopping Season, According to Phoenix Lending Survey Results Business Wire via Yahoo! Finance
PHILADELPHIA----Lenders across the nation expect the holiday shopping season to be a "ho hum" one for retailers, with 79 percent predicting consumer spending will be "moderate," according to the results of this quarter's Phoenix Management "Lending Climate in America" Survey.
WSFS Bank Expands in Pennsylvania With Commercial Loan Center in Oxford PR Newswire via Yahoo! Finance
WSFS Financial Corporation , parent company of WSFS Bank, announces the opening of its new Oxford, Pa., commercial loan center. The office is WSFS Bank's first full-service commercial loan center in Pennsylvania and will serve the community with a myriad of business banking services.
C. Shivkumar The Hindu
Taking a cue from the Reserve Bank's peak season credit policy and finance ministry fiats, commercial banks have cut back on credit disbursement to real estate and retail sectors.
SIAM COMMERCIAL SCB to boost retail-banking business The Nation
Siam Commercial Bank plans to boost its consumer-banking business next year to keep ahead of the competition in the retail-finance market. Executive vice president Pradeep Roy said late last week that SCB would concentrate on credit-card loans, mortgages, bancassurance and auto hire-purchase.
EXCHANGE RATES ON 05.12.2006 IN SLRS Daily News
Average Rates at which the following currencies were quoted by Commercial Banks in Colombo for telegraphic fers at 9.30 A.M. The Approximate Exchange Rates of GULF Currencies based on previous day's Market Weighted Average Rate for the Us$ are as follow.
WSFS opening new bank in Oxford, Pa. The News Journal
Wilmington-based WSFS Financial Corp. expects to open its first commercial loan center in Pennsylvania this month. The business banking center, set to open the week of Dec. 18, is at 59 S. Third St. in Oxford. The new office in southwestern Chester County bolsters the bank's existing Pennsylvania operations, located in Kennett Square and Glen Mills. The Oxford bank will be managed by four Oxford

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