KTC Major Adjustment to the Full Open Source Brand

KTC major adjustment to the full open source brand. Brand reinforces its leadership in the Thai financial institutions. KTC announced business direction towards the year 2011 as a financial institution brand Thai Open (Open Brand) full hope Jai Thai Sugar brand in brand value over the third floor. Collaboration, Multi Intelligence and Seeking the New [...]

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Posted February 22, 2011 by ][-NooM-][ under Benchmark Lending, More Loans

Turkey’s Central Bank Leaves Benchmark Repo Lending Rate at 6.25 Percent

Turkey’s central bank left its benchmark interest rate unchanged, after two months of cuts, to assess whether curbs on lending are reducing consumer demand. The bank in Ankara kept its one-week repo lending rate at a record low of 6.25 percent, according to an e-mailed statement today. Six of seven economists surveyed by Bloomberg this [...]

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Posted February 17, 2011 by ][-NooM-][ under Benchmark Lending

HDFC hikes floating loan rates by 25 bps

HDFC hiked interest rates on floating rate home loans by 25 basis points in a move that will make loans costlier for both existing and new borrowers. In addition, a clutch of banks, including Bank of India, Oriental Bank of Commerce, Indian Overseas Bank and Dena Bank all hiked lending rates. On Monday, Punjab National [...]

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Posted February 10, 2011 by ][-NooM-][ under Benchmark Lending, More Loans

Kenya Central Bank Keeps Benchmark Rate Steady at 6%

Kenya’s central bank left its benchmark interest rate unchanged for the second straight meeting, following six cuts since last year, after commercial lenders increased loans to consumers and businesses. The Monetary Policy Committee left the key lending rate at a record low of 6 percent, the Nairobi-based Central Bank of Kenya said in an e-mailed [...]

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Posted February 10, 2011 by ][-NooM-][ under Benchmark Lending, More Bank

Allahabad Bank, Punjab & Sind Bank hike lending rates

Kolkata-based Allahabad Bank hiked its base rate by 0.5% to 9.5% and BPLR by 0.25% to 13.5% respectively Two state-run lenders, Allahabad Bank and Punjab & Sind Bank on Monday hiked their lending rates by up to half a percentage point, becoming the first banks to up their rates after the Reserve Bank of India [...]

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Posted February 7, 2011 by ][-NooM-][ under Benchmark Lending, More Bank

Chongqing, Shanghai launch Property Tax

Home prices in some of China’s major cities, such as Beijing, have more than doubled over the past two years due to easy credit and low lending rates. Authorities of Chongqing and Shanghai municipalities announced Friday they would kick off the long-awaited trial property taxation, starting from Jan. 28, amid the latest measures to cool [...]

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Posted January 28, 2011 by ][-NooM-][ under Benchmark Lending, More Property

Japan’s Central Bank keeps Lending Rate, Lifts Growth Forecast

The Bank of Japan (BOJ) on Tuesday decided by unanimous vote to keep its benchmark lending rate unchanged at between 0.0 and 0.1 percent as the central bank continues to tackle the nation’s lingering deflation. The central bank also raised its economic growth forecast for fiscal 2010 to 3.3 percent, following a two-day policy board [...]

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Posted January 28, 2011 by ][-NooM-][ under Benchmark Lending, More Bank