Archive for 'Refinancing'

Japanese banks become more active

26 July 2008

The bank sector of Japan has overcome consequences of the American hypothec crisis almost lost-free. Local financial institutions operated cautiously and promised high percent reacted to investment offers at the minimal risks. The Japanese bank branch has started to show activity just now.
According to Association of the Japanese banks, net-profit all financial institutions of the […]

ECB has raised a discount rate up to 4,25 %

19 July 2008

The European central bank (ECB) has raised a discount rate on 0,25 percentage items. Thus, the parameter has made 4,25 % annual. Such decision was accepted today, on July, 3rd, at session of advice of managing directors of bank.
Decision of ECB has coincided with expectations of analysts, who predicted, that the bank will raise the […]

Deutsche Bank: credit crisis has almost ended

19 May 2008

End of credit crisis comes and US real estate market should be restored in second half of year. Such information has been declared by chapter Deutsche Bank Joseph Akkermann.
According to his words the end of financial crisis has come. It has not come to the end yet, but signals from the USA encourage. He has […]

Failure to return credits may be punished by forced labor

18 February 2008

Russia has worked out the bill according to which persistent non-payers of consumer credits can be punished by forced labor for the term from 180 till 240 hours. Other punishment will be the penalty 100 thousand rubles or the sum of the revenue.
The bill, besides suggestions to toughen punishments for defaulters, contains regulations about introduction […]

More than one million British risk to be left without a roof over the head!

8 February 2008

More than one million British will experience difficulties with refunding mortgage credits, if economy deceleration will force banks to continue toughening of lending money criteria, is said in the sixth annual «Forecast of financial risks», made the British Financial Services Authority (FSA).
FSA emphasizes three high risk factors, which can force homeowner to declare mortgage credit […]

Russian financial market holds the ground, but squeaks

29 January 2008

And this creak first of all is reflected in small and medium banks. In searches of the way-out from an adverse situation they fasten eyes on the average investor.
Deposit interest rates grow, drawing potential investors. Today it is not a problem to find deposits at about 12-15 % per annum. However such tempting “percent” dies […]