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General Growth wins 2-week reprieve on loans (Chicago Tribune)
CHICAGO (AP) _ General Growth Properties Inc. has received a two-week extension on mortgage loans totaling $900 million, as the troubled shopping mall owner works to stave off bankruptcy and negotiate longer-term extensions with lenders.
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(AFX UK Focus) 2008-12-02 01:52 China Construction Bank to extend 400-500 bln yuan new loans in 2009 - report (Interactive Investor)
BEIJING (XFN-ASIA) - China Construction Bank Corporation (SHA 601939; HK 0939) will extend 400-500 bln yuan in new loans in 2009, the official China Securities Journal reported, citing an unidentified bank official.
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Detroit's Big 3 Will Try Again To Get Federal Loans (NPR)
Executives from the top three U.S. automakers return to Washington, D.C., this week. They're going to try, again, to convince Congress to give them federal loans. They say they need the money to avoid an industry collapse. Two weeks ago, Congress sent them away empty-handed.
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SBA disaster loans to assist N.C. firms (BizJournals)
The Small Business Administration says federal loans are available to small N.C. businesses that suffered financial losses from the drought and high temperatures this year.
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BSP approves 230M worth of infra loans (Philstar.com via Yahoo! Philippines News)
The Bangko Sentral ng Pilipinas (BSP) has approved nearly €230 million worth of infrastructure loans of the National Government from the Spanish bank, BNP Paribas as the Arroyo administration pushes its pump-priming spending to head off the global economic slowdown.
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Dealers prefer easier approvals to cheaper loans (Business Times (Malaysia))
PROTON car dealers say they prefer easier loan approvals rather than cheaper loans to help drive sales. "The cheaper loan should not be at the expense of an easier loan approval.
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Taxpayers lose Shs33b as govt fails to use loans (The Monitor)
Taxpayers in the country will have to fork out more than Shs33.8 billion in fines for unspent loans amid chilling concerns that the government has failed to use the borrowed funds, Parliament heard on Friday.
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Go by local rules to give loans for houses on farm land: RBI (Business Standard India)
The Reserve Bank of India (RBI) has asked banks to act on the basis of local rules when sanctioning loans for farmers to build houses on agricultural land.
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Rosneft talks Russian banks into over $4.5bn of loans (RosBusinessConsulting)
RBC, 01.12.2008, Moscow 19:59:57. In October and November 2008, Rosneft secured a total of USD 4.574bn in possible short-term loans from Russian banks, the company's management report on its US GAAP-based 9M financial statement indicated. As such, Rosneft can raise RUB 104bn (approx.
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Small Players Vie for ?Green Car? Loans (New York Times)
Automakers are trying to convince Congress to provide aid, but there is another $25 billion auto industry government loan program, for the development of fuel-efficient cars.
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