After a 24-year hiatus, Indian companies are poised to raise $1 billion of Swiss franc-denominated bonds, about a quarter of total overseas borrowing in 2011, as demand rises among European investors. View full post on All Stories
Posts Tagged ‘Banks’
Is It Time To Switch To A Credit Union?
April 7th, 2011
davidguide Times are good for credit card divisions at most major banks right now. Credit card APRs have remained stubbornly high, only slightly off the peak reached in February of 2010, while banks’ borrowing rates are still at historic lows, fueling great profit margins at credit card companies. View full post on All Stories
Portugal bailout pressures grow as borrowing costs hit another record
March 28th, 2011
davidguide Portugal felt the pressure to seek a bailout build as its borrowing costs once more hit a euro lifetime record, on the back of downgrades of its banks’ credit ratings. View full post on All Stories
Banks raising manufacturers’ credit costs
March 13th, 2011
davidguide More than a third of manufacturers said their borrowing costs had risen since January, suggesting the ‘Project Merlin’ deal with banks has failed to ease credit for … View full post on All Stories
Big Firms Get Break on Their Borrowing
February 1st, 2011
davidguide Banks made it easier for many large and midsize businesses to borrow money in the past three months, but made little change in how they treat consumers or small businesses. View full post on All Stories
Egypt’s Borrowing Plans Disrupted as Protests Force Bank Closure
January 30th, 2011
davidguide Egypt’s plan to raise 4 billion ($683 million) Egyptian pounds this week at debt auctions was disrupted after protests rocked the North African country, forcing the government to close banks and the stock market. View full post on All Stories
Indonesia Tightens Rules on Foreign-Exchange Holdings
December 31st, 2010
davidguide Indonesia said it will tighten rules on banks’ foreign-exchange holdings and overseas borrowing to cope with capital inflows that have pushed up inflation and strengthened the rupiah this year. View full post on All Stories
Banks borrowing from RBI touches high of Rs 159k cr
December 21st, 2010
davidguide With close to Rs 50,000 crore having moved out of the system on account of advance tax payments, banks scrambled for money on Monday, borrowing a record Rs 1,59,210 crore from the Reserve Bank of India’s special repo windows. Banks had picked up Rs 1,43,935 crore on Thursday. View full post on All Stories
ECB warns of refinancing risks for banks
December 9th, 2010
davidguide Eurozone banks could face problems in refinancing €1,000bn of debt in the next two years partly because of the borrowing needs of governments, the European Central Bank warns View full post on All Stories
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