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LISBON, Dec 2 (Reuters) – Portugal’s government will allow a consortium of six banks to loan up to 450 million euros to small investment bank Banco Privado Portugues (BPP), which has serious liquidity problems, financial authorities said on Tuesday. Source:UPDATE 1-Portugal grants loan of 450 mln euros to small bank (The Forex Market) You can link to this article on your web site using the following code: Website Code: Forum Code: CommentsWe're looking for comments that are interesting, substantial or highly amusing. If your comments are excessively self promotional (use your real name, no keywords please), obnoxious, or even worse, boring, you will be banned from commenting. Your comment must be related to the post. Please do not comment on how great or wonderful the post is. All comments are moderated and, if approved, will display in less than 24 hours.
Dec. 3 (Bloomberg) — Serbia’s economic growth will slow more than earlier forecast as the global financial crisis cripples the banking industry and investment shrinks, central bank Governor Radovan Jelasic said. Source:Jelasic Says Serb Growth Will Slow More Than Forecast (Update1) (Bloomberg) You can link to this article on your web site using the following code: Website Code: Forum Code: CommentsWe're looking for comments that are interesting, substantial or highly amusing. If your comments are excessively self promotional (use your real name, no keywords please), obnoxious, or even worse, boring, you will be banned from commenting. Your comment must be related to the post. Please do not comment on how great or wonderful the post is. All comments are moderated and, if approved, will display in less than 24 hours.
ISTANBUL, Dec 2 (Reuters) – Major Turkish lender Garanti Bank has signed a syndicated loan worth $575 million with 20 banks from 10 different countries, the company said in a statement on Tuesday. Source:Turkey's Garanti Bank says signs loan worth $575 mln (Reuters via Yahoo! Malaysia News) You can link to this article on your web site using the following code: Website Code: Forum Code: CommentsWe're looking for comments that are interesting, substantial or highly amusing. If your comments are excessively self promotional (use your real name, no keywords please), obnoxious, or even worse, boring, you will be banned from commenting. Your comment must be related to the post. Please do not comment on how great or wonderful the post is. All comments are moderated and, if approved, will display in less than 24 hours.
Securities industry and banking trade bodies always caution against a regulatory backlash in the wake of a financial crisis, and tend to criticise rules once they are in place. Their response this time around is not expected to be different. You can link to this article on your web site using the following code: Website Code: Forum Code: CommentsWe're looking for comments that are interesting, substantial or highly amusing. If your comments are excessively self promotional (use your real name, no keywords please), obnoxious, or even worse, boring, you will be banned from commenting. Your comment must be related to the post. Please do not comment on how great or wonderful the post is. All comments are moderated and, if approved, will display in less than 24 hours.
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