Sentences with phrase «loans by that bank in»

Private lenders are an alternative people who have been denied loans by banks in the city.

Not exact matches

The ECB essentially is the only thing keeping the Greek banking system from collapse by meting out loans in return for collateral.

Now, thanks to tough new mortgage lending and insurance rules announced by federal Finance Minister Bill Morneau in October, some analysts predict that so - called «shadow banking» firms, which operate largely outside the purview of regulators, will see a surge of fresh business from frustrated homebuyers who can't get conventional loans.

And a February survey by Pepperdine University's Graziadio School of Business and Management found that 39 percent of small business owners who applied for bank loans in the previous three months were successful, up from 34 percent in a survey taken in October and November.

Naturally, his forecasts were derailed by a combination of a deluge in mortgage costs from the disastrous acquisition of Countrywide Financial, and years of extremely low rates that shrank the margins the bank earns on its giant loan portfolios.

Most of the proceeds will end up in commercial banks, adding to their reserves and enabling them to expand their liabilities by loans and open market purchases.

In Japan, the Central Bank said Thursday morning it was keeping its rates unchanged and the People's Bank of China raised its short - term interest rate by 10 basis points on both medium - term lending facility loans and its open market operation reverse repurchase agreements.

By comparison, a stress test on America's largest banks in 2009 found that in a worst - case scenario, losses at the 19 banks would hit 9.1 % of their loan portfolio, although, admittedly, many believe in reality it was far higher.

But Glencore, under London Stock Exchange reporting obligations, said it would only contribute 300 million euros in equity (taking a tiny equity interest of 0.54 %, and even that only «indirectly»), while the rest of the money was provided by «QIA and by non-recourse bank financing,» the latter being a loan that effectively insulates Glencore against most of the risks of owning Rosneft shares.

The 7 (a) portfolio of loans is currently worth $ 100 billion, and in 2013 the SBA helped guarantee loans worth about $ 30 billion, in part, by convincing more small banks to make them.

Directed toward black borrowers who had been rejected by at least two banks and the SBA's 7 (a), the Economic Opportunity Loan program had, as a GAO official gingerly told Congress in 1981, «a difficult mission.»

These are the SBA's flagship 7 (a) loan program, which gives 5,000 banks participating in the program access to loan guarantees by the federal government.

The 1,603 - page bill, negotiated by Republican and Democratic appropriators and leaders, drew Democrats» ire when they discovered it would roll back the Dodd - Frank law due to go into effect next year by killing planned restrictions on derivatives trading by large banks, allowing them to continue trading swaps and futures in units that benefit from federal deposit insurance and Federal Reserve loans.

In today's climate, small - business loans are more often funded by community banks and credit unions.

Despite more than paying for itself — by its own reckoning, Ex-Im Bank has returned $ 7 billion to the U.S. Treasury in the last two decades through interest on guaranteed loans and credit insurance — the 80 - year - old government - run financial institution is a sunset agency.

The Federal Deposit Insurance Corp. counted $ 331 billion in commercial and industrial bank loans under $ 1 million as of Dec. 31, the largest amount since the end of 2008, when the government agency reported a record $ 336 billion in such loans that are generally taken out by small companies.

Commercial lending to businesses by banks is rising at a rate that far outpaces the loans they're making for mortgages and home equity lines of credit, but you wouldn't necessarily know that from speaking to some of the smallest businesses in the U.S.

Over the last two decades, such loans as a percentage of total bank commercial loans, have dropped to 30 percent of bank portfolios from 50 percent in 1995, according to recent research compiled by former Small Business Administration head Karen Mills and Harvard University.

«In soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund AccountIn soliciting investments in the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accountin the Fake Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accountin recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accountin a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accountin the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accountin a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Accounts.

But there's that half - empty perspective; in one survey released last week by Bank of America, just 9 percent of the 1,000 owners questioned planned to apply for loans in the coming year.

If his policy were accommodating, it might look like he feared retaliation by the bank in the form of tighter terms on those same loans.

According to statistics from Harvard Business School, although the total volume of small - business bank loans decreased by 3.1 percent in 2014, small - business online lending increased twofold.

The lenders want the stake to be sold for top dollar but fear it will be sold for less than that to McClendon's wife, Kathleen, because she is family, said a lawyer representing a syndicate of banks led by Wilmington Trust that loaned $ 465 million to a company McClendon founded in 2013, American Energy Partners LP (AEP).

While Chinese banks tend to front - load loans early in the year to get higher - quality customers and win market share, the lofty figure was even higher than the most bullish forecast by economists in a Reuters poll.

«Banks hope to lend early to get early returns... private investment and manufacturing investment are picking up due to firmer global demand (and) household loans could be boosted by property demand,» said Nie Wen, an economist at Hwabao Trust in Shanghai.

Profits at international bank Standard Chartered grew by a fifth, as it hit $ 1.26 billion before tax thanks to a growth in loan demand.

Although she expected the worst, Greenberg was still stunned by what she found: accounts payable kept in paper form in an employee's desk drawer; no lines of bank credit; routine loans from «the bank of Dave» to the company; no plans for raising capital.

Chinese banking regulators announced this week that approximately $ 400 - billion (U.S.) in bad loans made by Chinese banks to local governments will be transferred to the central government.

«The public funds, at least in Pennsylvania, are structured to enable the bank to make a loan that they might not be able to make without the public debt behind them by enhancing the loan - to - value, reducing the risk to [the bank], and then passing on some benefits [to the borrower] in the form of lower interest rates, which help cash - flow issues.»

Their consumer loans in the year to February increased by about 3 percent, while non-bank lending to households during the same period soared by 9 percent, showing that banks» sluggish consumer lending is not a question of a weak loan demand.

The team looked, in particular, at the Li Keqiang index that tracks China's rail freight volume, electricity consumption, and loans disbursed by banks.

The average size of the loans made by Seacoast Commerce Bank, for example, which made just 325 loans in 2015 and ranks number 10 on the list, was close to $ 1 million.

From growing at double - digit rates in the earlier part of this decade, growth of bank assets (loans advanced by banks) shrunk to 4.4 percent in the first half of 2017 for the top 16 banks, according to Moodys.

Warren also zeroed in on a popular industry proposal discussed by Blanton and others that would allow banks to count all loans held in portfolio as QM loans, noting that it would help financial institutions of all sizes.

(Unlike the homes and vehicles that are financed by mortgages and car loans that can be taken by the bank in case of default).

In November, JPMorgan, the nation's largest bank, agreed to pay $ 296.9 million to settle claims by the Securities and Exchange Commission that Bear Stearns had misled mortgage investors by hiding some delinquent loans.

If your business is in difficulty and is unable to make the loan payments, whatever personal assets you have posted as collateral (house, car, investment accounts, etc.) can be seized by the bank.

Frank also criticized a provision in the bill that he said weakens anti-discrimination standards in housing by raising the number of loans a bank can make before it's required to report on the issue.

The debt, part of a bond deal sold by Citigroup Inc. and Deutsche Bank AG in March 2007, was handed off to a firm specializing in troubled loans.

Al - Fulaij: The banking system asset base in Kuwait is dominated by loans — mostly corporate or retail.

Launched in 2007, On Deck Capital uses data aggregation and electronic payment technology to evaluate the financial health of small businesses and to efficiently deliver capital to a market underserved by traditional bank loans.

Fundation fills a void in the small balance commercial loan market by offering loans to businesses that banks are unwilling or unable to lend to, and those that desire a simplified process, with capital on terms that will enable them to grow.

Bank loans come in all shapes and sizes, from microloans of a few hundred dollars, typically offered by local community banks, to six - figure loans by major national banks.

The operative notion of easy money is that you create $ 32 billion in bank reserves, the banks lend out the money, the money gets spent, more loans happen, and through the magic of the «money multiplier», the amount of loans in the economy goes up by many times that $ 32 billion.

Borrowers should be prepared, however, to meet many of the same criteria required for a traditional loan approval at the bank including some additional requirements set in place by the SBA.

Considering the Central Bank classification that involve only loans, has increased 0.4 % in the quarter, driven mostly by 1.3 % growth in individuals on that classification.

The following are qualifying accounts: any checking account, savings account, money market account, certificate of deposit, automobile loan, home equity loan, home equity line of credit, mortgage, credit card account, or other student loans owned by Citizens Bank, N.A. Please note, our checking and savings account options are only available in the following states: CT, DE, MA, MI, NH, NJ, NY, OH, PA, RI, and VT and some products may have an associated cost.

On the credit front, the Preliminary Bank Earnings Report just released by the FDIC shows that banks have increased the rate at which they are writing off bad loans, but the growth in bad («noncurrent») loans is increasing even faster.

The amount of interest and principle in the loan payment will vary, and is identified in an amortization schedule determined by the bank.

In my first week as minister for finance I was visited by Jeroen Dijsselbloem, president of the Eurogroup (the eurozone finance ministers), who put a stark choice to me: accept the bailout's «logic» and drop any demands for debt restructuring or your loan agreement will «crash» — the unsaid repercussion being that Greece's banks would be boarded up.