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   Japan Corporate Demand for Bank Loans Falls, BOJ Survey Shows (Bloomberg) image



Jan. 21 (Bloomberg) — Japanese demand for bank loans fell over the past three months, a central bank survey showed today. An index of demand for loans to businesses was at minus 17 in January from October, the Bank of Japan said in a quarterly survey of loan officers in Tokyo.


CHARLOTTE, N.C. – Bank of America Corp. said Wednesday it lost $5.2 billion during the final three months of 2009 as consumers struggled to make their mortgage and credit card payments and the bank repaid its government bailout money.

Source:Bank of America loses $5.2 billion as it repays bailout money, loan losses continue (Minneapolis-St. Paul Star Tribune)


(Corrects the bank’s non-performing assets as a proportion of net advances to 0.09 percent from 0.9 percent in the ninth para)

Source:CORRECTED – CORRECTED-Yes Bank quarterly net beats f'cast on loan growth (Reuters via Yahoo! Philippines News)


Jan. 20 (Bloomberg) — Romanian central bank Vice Governor Cristian Popa said that the chance of the International Monetary Fund resuming the flow of funds from its $30 billion loan is “extremely good.”

Source:Popa Says Chance of Resuming IMF Loan Is ‘Extremely Good’ (Bloomberg)


MUMBAI, Jan 20 (Reuters) – Private sector lender Yes Bank on Wednesday posted a 19 percent rise in Oct-Dec net profit, helped by higher loan growth that pushed up interest income for the bank.

Source:Yes Bank quarterly net beats f'cast on loan growth (Reuters via Yahoo! Malaysia News)

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