Lenders, who rely on strong and
growing loan books to boost margins, are offering big discounts and low rates to buyers with big deposits, steady income and low debt.
«It's growing earnings by
growing its loan book,» he says.
Canfin's USD 2 billon balance sheet has
grown its loan book by 30 % annually and stock price at 100 % (USD terms) every year in the last five years with a NPA of just 0.2 %!
On the back of
the growing loan book and increasing demand, VFS took the view that the time was right to work with a bank that shares its vision and recognises the opportunity that exists.
Not exact matches
His biography contains elements of an epic novel:
growing up the son of a jailed Trotskyist labor leader in whose Chicago home he met Rosa Luxembourg's and Karl Liebknecht's colleagues; serving as a young balance of payments analyst for David Rockefeller whose Chase Manhattan Bank was calculating how much interest the bank could extract on
loans to South American countries; touring America on Vatican - sponsored economics lectures; turning after a riot at a UN Third World debt meeting in Mexico to the study of ancient debt cancellation practices through Harvard's Babylonian Archeology department; authoring many
books about finance from Super Imperialism: The Economic Strategy of American Empire [1972] to J is For Junk Economics: A Guide to Reality in an Age of Deception [2017]; and lately, among many other ventures, commuting from his Queens home to lecture at Peking University in Beijing where he hopes to convince the Chinese to avoid the debt - fuelled economic model off which Western big bankers feast and apply lessons he and his colleagues have learned about the debt relief practices of the ancient civilizations of Mesopotamia.
And while
loan demand slowed, BNP Paribas
grew its overall
loan book by 1.5 % during 2012, with lending to SMEs up by 2.7 %.
While the Group closed the half year with Total Assets of N3.69 trillion, a growth of 5.3 percent, it prudently
grew gross
loans to N1.6 trillion, a 4 percent growth when compared to the Group
loan book as at 31 December 2016.
It will be harder than ever for libraries to
grow their collection, whether the licenses are time - limited or come with limits on the number of times a library can
loan a
book.
Federal Bank, a mid-sized private sector lender, is targeting a net interest margin of 3.25 percent in the fiscal year that began in April by focusing on
growing its
books, improving
loan recovery and deposit portfolio, its chief executive...
The trend of getting student
loans off people's
books is so large and
growing that CINgroup, which makes software to help lawyers prepare bankruptcy papers, plans to launch software that scans a client's student debt to see if any of it may be eligible for discharge.
But even if banks don't charge immediate penalties to late payers, they're still benefiting from
loans that are
growing on their
books.