Sentences with phrase «only by private banks»

Paper money was issued only by private banks.

Not exact matches

Such an arrangement, known as private - sector involvement, or P.S.I., has been pushed by Chancellor Angela Merkel of Germany as a way of forcing banks, not only European taxpayers, to foot the bill for bailing out Greece.

The only governmental or quasi-governmental notes were those issued by the short - lived first and second Banks of the United States (whose shares were 80 % in private hands) and by state - government - owned commercial banks in a few frontier stBanks of the United States (whose shares were 80 % in private hands) and by state - government - owned commercial banks in a few frontier stbanks in a few frontier states.

Because it serves to remind us that even today the «money» that commercial banks and other private - market financial firms produce is in an important respect not the real McCoy at all, but ersatz (if often more convenient) stuff that serves in place of it, and does so only because the firms that supply it, not only make it very convenient to use (e.g., by swiping a debit card), but at the same time offer its users something akin to money - back (which is to say, a «money proper» - back) guarantees.

From 1980 through 2006, stock performance of REITs moved in tandem with the broader market only 47 % of the time, according to an analysis for The Wall Street Journal by Citi Private Bank in New York... Since then, as the bank's research shows, REIT correlations have jumped to nearly 80 %, erasing more than a quarter of a century in decouplBank in New York... Since then, as the bank's research shows, REIT correlations have jumped to nearly 80 %, erasing more than a quarter of a century in decouplbank's research shows, REIT correlations have jumped to nearly 80 %, erasing more than a quarter of a century in decoupling.

VA mortgage: Insured by the Department of Veterans Affairs and distributed by private lenders, such as banks or mortgage companies, VA loans are available only to veterans or current members of the armed forces, and in some cases, service members» spouses.

Mortgage borrowers who could not meet the banks» criteria for loan approval must seek alternative funding only provided by private mortgage lenders in Caledon.

People without the high credit score required by banks can only turn to private mortgage lenders in Sault Ste. Marie.

Banks in Niagara Falls only give credit to people with 600 credit score points and the rest are left to seek alternatives offered by private lenders who may be individuals or companies who wish to gain from real estate.

Private lenders are the only alternative for people who have been rejected by banks owing to low credit score.

Most private lenders in the city only offer mortgages that wouldn't be serviced by banks.

The only option for people who have been turned away by banks is private lenders who have a more lenient set of rules.

The only way a bank or lender can reclaim unsecured debt in default is by going through a private debt collector or potentially by taking legal action.

This number is private and unique to your bank account — you'll find it only on your personal checks or by signing into your online account.

The only help is from private lenders who accept even those who are rejected by banks and credit unions.

The majority of mortgage brokers in Sault Ste. Marie deal only with private lenders who can loan money to people who were turned away by banks.

Our mortgage brokers in Niagara Falls only deal with private services for those that were turned down by the banks or simply want variety.

In regards to 1: One can argue that the private mortgage lending system is already «socialized,» only with the risks being subsidized by the taxpayer and the rewards accruing to the banks.

European Bank Worry: Collateral on.wsj.com/sbkgGT In the private sphere, loans can only gotten by pledges of hi - quality collateral $ $

Individuals who do not meet the high credit score requirements by banks only have private lenders to turn to.

Currently, the consolidation os student loans is offered through the federal government, but the technical service of refinancing student loans is only offered by private banks and lenders.

More generally, this Report reflects many of the principles that the LCO intends to apply to its work: it considered and addressed the needs of diverse communities, rejecting a «one size fits all» solution; it recognized that there will always, or at least for some considerable time to come, be individuals who prefer to use cheque cashing businesses rather than banks, even though it means that they will pay a fee; the recommendations are directed not only to government, but also to semi-public and private sector actors; and the Report is informed by consultation with a wide variety of individuals, groups and organizations with an interest in the issue of paying fees to cash government cheques.

Not only has ethereum emerged as the principal platform for initial coin offerings (a process by which entrepreneurs working on blockchain projects sell a cryptographically scarce resource to raise funding), but major institutions including JP Morgan and Bank of America are developing projects on private versions of its software.

Not only are the banks now participating in the cryptocurrency ecosystem by utilizing ETH (even though they might have private chains), but this is a meaningful step towards integrating fiat currencies with cryptographically valued assets.

A central bank digital currency could only gain public acceptance by providing a unique service that private alternatives do not offer: anonymity.

New financing programs offered by Farmers National Bank can help you qualify to purchase a home with only $ 500 down, a minimum credit score of 600, and no private mortgage insurance.

While the return of private lenders is necessary for a healthy market, having only private capital as the sole source of housing finance could severely restrict mortgage capital and result in a system that is dominated by a few large banks that are «too - big - to - fail» at the expense of consumers.