China Raises Interest Rates Again to Cool Inflation

The People’s Bank of China said it would raise the one-year benchmark lending rate by 25 basis points to 5.81 percent, and the benchmark deposit rate by the same amount to 2.75 percent. The Chinese economy has been awash in liquidity due to government stimulus money and generous lending by state banks. Chinese officials are [...]

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Posted December 26, 2010 by ][-NooM-][ under Benchmark Lending

Turkey’s largest Banks to sell Debt Curbs once removed

Turkey’s largest banks are lining up to sell their securities denominated in pounds before after regulators removed the ban to protect the investor demand for government debt. Turkiye Is Bankasi AS and Turkiye Garanti Bankasi, the two largest listed lender in Turkey, the plan to give the local bond market as the central bank reduces [...]

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Posted December 17, 2010 by ][-NooM-][ under Benchmark Lending, More Bank

IDBI to hike deposit, Lending Rates by up to 100 bps

In line with market trends, IDBI Bank today announced an increase in deposit rates and lending to a maximum of 100 basis points. Although the interest rates on deposits of different maturities will be increased from 25 to 100 basis points, the lending bank could also become expensive, with the lender has increased the interest [...]

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Posted December 17, 2010 by ][-NooM-][ under Benchmark Lending

Russian Central Bank has raised Interest Rates in May to move the focus to inflation

Russia’s central bank said it may increase interest rates in the first quarter, signaling a shift in its focus to inflation as the International Monetary Fund warned prices may remain “elevated on unchanged policies.” “Inflation is beginning to worry us,” Chairman Sergey Ignatiev told reporters yesterday in Moscow. The central bank will “primarily” use its [...]

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Posted December 12, 2010 by ][-NooM-][ under Benchmark Lending, More Loans

Problem Mortgage Subprime : Causes and effects on the Mortgage Loan Market last

Subprime of Mortgage Problem is now in compliance with the Association crudest mortgage lenders are reputable and mortgage institutions suffering large losses last week has seen three major players in the mortgage industry and financial markets will Lower with a large amount of loss due to subprime crisis. Merrill Lynch, including a significant amount of [...]

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Posted December 7, 2010 by ][-NooM-][ under Benchmark Lending, More Loans, More Real Estate

CBK to review monetary Policy on Economy is Gathering Steam

Central Bank of Kenya (CBK) said it will adjust the target signal that monetary policy after two years of loose money has reduced interest rates and increase in trade receivables. Monetary Policy Committee (MPC) interest rate cuts CBK Benchmark Lending 300 basis points between the end of 2008, and July. But last week the Board [...]

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Posted December 2, 2010 by ][-NooM-][ under Benchmark Lending

Central Bank of China to strengthen management of liquidity tighten lending

China’s central bank said it will strengthen liquidity management and “normalize” the situation. Money this month after twice ordered banks to hold more reserves to reduce Inflation, which is two years later. National will use quantitative and cost of managing liquidity, Hu Xiaolian, Deputy Governor of the People’s Bank of China said in a statement [...]

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Posted November 26, 2010 by ][-NooM-][ under Benchmark Lending