Sentences with phrase «banks have no access to funding»

Denmark's banking crisis is deepening as the new government's plan to impose a tax on lenders threatens to deplete capital when most of the country's banks have no access to funding markets.

Not exact matches

The ability of Italian banks to access markets for funding «has become more difficult and expensive» in 2016 due to the country's political instability and a slower reform implementation, according to credit ratings agency Fitch, adding that such capacity could deteriorate further.

A bank account is fine, provided that you don't have access to the funds through your ATM or checking account.

COPENHAGEN, Oct 2 - Debt - laden Danish shipping group Torm A / S has struck a long - awaited deal with its banks that will see them take a majority stake in the firm in exchange for extending $ 1.8 billion of debt and giving it access to fresh funds.

«There's just a lack of capital and funding gap for small businesses, and it's really magnified in the U.S., where the financial meltdown of 2008 left a lot of businesses unable to access bank financing,» he says, adding social media has also been an immense help in promoting crowdfunding platforms.

Hopefully, you've already prepared the way to access this source of funds before you decided to start a business by having established a relationship with your local bank manager and by ensuring that your credit rating is in good shape.

Goldman Sachs said it would offer limited access for certain customers, but according to Bloomberg, the bank has demanded that some of its clients set aside funds equal to the full value of their bitcoin futures trades as a condition for doing the transaction, meaning Goldman is still very nervous about the potential for big losses in Bitcoin futures.

With credit, debit or bank deposits in supported countries, you'll have access to funds to trade with when you'd like.

Those who do not have a strong credit rating and financial history required by banks in order to access funds.

The resulting high level of interest rates in the wholesale money market, the main source of funds for lenders such as mortgage managers, made it difficult for potential new lenders to compete with banks, who had access to low - cost retail funding.

The Firm's business continuity plan addresses the following elements: all mission critical systems; financial and operational assessments; alternative communications with clients, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring that clients have prompt access to their funds and securities if the Firm is unable to continue a securities business.

Since the funds are deposited to your bank account, you have instant access and can use the money any way you want.

Listed companies are larger and better connected than their unlisted peers, and often have access to state - bank funding, so the mounting backlog hits smaller outfits hardest.

This way those who live in poverty - stricken regions and don't have access to banking will be able to receive funds through mobile app and either store or exchange coins in their local community for goods and services.

You'll have instant access to your funds through an ATM, the backing of the FDIC in the event of a bank failure, and the convenience of a local branch office.

Ideally there would be competition within the banking industry, including access to traditional (interest driven) funding, that would protect the borrower.

The president said Saturday the U.S. would contribute $ 50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support.

It said it was also false that a fresh N25 billion loan was applied for; saying that; «the only fresh loan taken by the government of Fayose was the N10 billion grant from the Excess Crude Account, which was released to all States for capital projects, N2.8 billion requested from Wema Bank to pay State Universal Basic Education Board (SUBEB) counterpart fund out of which N1 billion has been accessed and N600 million for MDGs counterpart fund, which has been repaid.»

According to him, the project through its Additional Funding (AF) had accessed N200 million from the World Bank for the production of the crop in the rainy season.

Additionally, the Office of the Third Sector now funds a National Talent Bank to provide volunteering opportunities for people whose work has been affected by the recession, and has created an Access to Volunteering programme to enable more people with disabilities to volunteer.

Durkee, a trusted figure who had access to hundreds of campaign bank accounts, was arrested in September and charged with improperly diverting more than $ 677,000 from the campaign fund of a Democratic state lawmaker.

«The only fresh loan taken by the government of Fayose was the N10bn grant from the Excess Crude Account, which was released to all states for capital projects, N2.8 bn requested from the Wema Bank to pay the State Universal Basic Education Board counterpart fund out of which N1bn has been accessed and N600m for MDGs counterpart fund, which has been repaid.»

It is expected that the application for SWIFT access will be granted within two weeks and this will allow publishers to be able to process payments in cash or credit from other countries and have the funds transferred to local banks.

Rather than having a piece of plastic you insert or swipe to use your credit, you'll usually transfer funds to a bank account, get an advance at a branch or use line - of - credit checks to access your line of credit.

If you don't trust banks and never will, you'll probably opt for cash; if you want to make sure you always have access to your funds immediately, you'll probably opt for a savings account linked to your primary checking; if you want to maximize your money's growth, you'll probably opt for a high - yield savings account or CD ladder.

Whether you are looking for easy, 24/7 access to your funds or to set aside money for something (or somewhere) special, Haverhill Bank has a variety of checking and savings accounts to fit your needs.

I second automating your accounts, I automate my savings with ING and the nice thing about having an online bank is that it takes extra effort, and more importantly extra time, if you want to access any of the funds for an impulse purchase.

Mobile Banking Manage your money from your mobile device, stay on top of transactions, deposit checks, transfer funds, pay bills, and enjoy the peace of mind that comes with having immediate access to your account.

A home equity line of credit offered through PNC Bank has several features that benefit homeowners directly, including competitive interest rates and easy access to funds.

Electronic Funds Transfer Clients must have payments directly deposited in to bank accounts to prevent lost checks, and have immediate access to fFunds Transfer Clients must have payments directly deposited in to bank accounts to prevent lost checks, and have immediate access to fundsfunds.

If you are fine with having an online - only bank without access to ATMs, I found that Alterna Savings offers a great rate on their savings accounts and works great as an emergency fund.

Flushing Bank has also partnered with the Excelsior Growth Fund SmartLoan to provide businesses with quick and easy access to microloans under $ 100,000.

Lenders do not have access to the World Bank Funds and they have a limit as to how much they can offer on a personal loan for those with bad credit.

If access is your concern, an online savings linked to a checking account is the best way — but if you're concerned with having too easy access, I'd go with ING or another bank that takes a couple days to transfer funds.

Convenience You have immediate access to your funds anytime, anywhere with your checking account or through 24 - HR Teller Phone, Online banking, ATMs, and Point - of - Sale terminals.

«In the unlikely event a major bank became insolvent the Government would ensure that the FSCS has access to enough immediate funding to pay out depositors in a timely manner, through borrowing from the Government or Bank of Englbank became insolvent the Government would ensure that the FSCS has access to enough immediate funding to pay out depositors in a timely manner, through borrowing from the Government or Bank of EnglBank of England.

As well, the banks may also offer some lower fee funds (often labeled as D Class funds) but you need a discount brokerage account to access them.

The only wait you will face is your bank letting you have access to the funds.

She explained that the only way to get online access to buy / sell mutual funds was through a chequing account tied to a bank card, otherwise, I would have to come in to speak to a personal banker every time I wanted to invest or change funds.

As we've seen with bank debt, if you have nervous & uncertain bondholders, a flexible trigger & tactics, and access to new guaranteed funding, you can significantly impact the profile & nominal value of your outstanding debt.

Banks will also look at retirement accounts and IRAs; however, they only count 70 % of the account value because of penalties and tax rates that would ensue if you were to access these funds.

❖ You have access to your loan funds quickly in your bank account once your application has been approved and funded.

He hoped that improvements in market conditions would allow the Australian banks to access the overseas funding required.

MUFG Union Bank, N.A. is custodian for the Funds; therefore, its personnel have full daily access to each Fund's portfolio holdings since that information is necessary in order for them to provide the agreed - upon services for the Trust.

If someone steals their prepaid card details they would not get direct access to their bank account or credit card funds.

One of the pros of infinite banking is that you have access to your funds and still can earn interest on your cash account as if you never touched it.

Money market savings accounts offer more flexibility, with some banks allowing you to have a debit card or access funds through an ATM, whereas savings accounts are limited to electronic transfers or calling the bank to withdraw funds.

It has never been easier to access your bank account and keep track of your funds using our new internet and mobile banking offerings.

Although the bank mutual funds take up close to 40 % of the mutual fund market, individual investors would benefit greater by having access to all funds available and smart advisors who know there customers and their way around the markets.

Proposals for which no funding is required and / or which have already been peer reviewed and funded by other granting bodies but which need Foundation support such as Foundation encouraged access to Springers owned by members of the English Springer Spaniel Field Trial Association or access to the ESS DNA Bank may be submitted to the Foundation for expedited review.