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Iraq Co For Bk Guarantees Extends 1075 Loans To SMEs

7 hours ago ago from al-Iraq - All News of Iraq

The Iraqi Company for Bank Guarantees, or ICBG, has guaranteed 1,075 loans granted to small and medium-sized enterprises worth nearly $16.5 million in the last three years, its chairman said Tuesday.

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Know More About Cars On Finance

14 hours ago ago from financehelpservice

A car has different meaning for different people. While the younger generation enjoy thrilling, high speed drives in trendy cars, matured people hope reaching their destinations quite safely and easily. But the concept of a car has changed so much. Today for many a car is much more than a vehicle that leads to their destination. To possess a car is considered a status symbol and is an indication of the prestige of any business. In the ...

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Opel to Cut 8300 Jobs - Develop own cars

21 hours ago ago from Worldcarfans

Up to 8,300 jobs are to be cut from Opel/Vauxhall workforce as part of its plan to be profitable by 2012. Loans and loan guarantees of up to EUR3.3 billion are being asked of several European governments.

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Spyker Secures Further Financing - EU Approves Swedish State Backing

20 hours ago ago from Worldcarfans

$25 million loan will allow Spyker to make scheduled payments to GM for the purchase of Saab. The loan from an investment group is contingent upon Spyker securing a EUR400 million loan from the European Investment Bank.

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Authorities restarted run in the 2009 program of preferential car loan

16 hours ago ago from El notes

at helping Russia's car industry again in a hurry benefits. The authorities have extended run in the 2009 program of interest rate subsidies on loans for purchasing Russians products domestic automobile industry for 2010. The most massive support under this program will be in 2011 and could cost the budget at 1.75 billion rubles. preferential car loans program, launched in April 2009, ended Jan. 1, 2010. Those nine months, during ...

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Stacy Mitchell: Small Business Lending: Big Banks vs. Small Banks

15 hours ago ago from Huffington Post

The New Rules Project, in partnership with HuffPost's Move Your Money campaign, is using its Community Banking Initiative to get out the word that banking locally can put the power back in the hands of individuals and communities, rather than Wall Street's CEOs. Just before Thanksgiving last year, the U.S. Small Business Administration's flagship loan program, which provides banks with a government guarantee of up to 90 percent of the value ...

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UBS Profit 4Q: Swiss Bank Posts First Profit In More Than A Year

23 hours ago ago from Huffington Post

It also comes after three consecutive quarterly losses in 2009 and efforts to salvage the bank's reputation among customers leery of its ongoing struggle with bad investments and U.S. tax authorities. "We have taken decisive action to transform UBS, and it is now a focused, efficient and resilient firm," Chief Executive Oswald Gruebel said in a statement. "We expect that our return to profitability will increase clients' confidence in UBS ...

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UBS Makes Q4 Profit, But Withdrawals Continue : NPR

19 hours ago ago from NPR

Search hear continuous streams 24-Hour Program Stream NPR News and Shows hear the latest news [4 min 45 sec] Latest NPR Newscast UBS Makes Q4 Profit, But Withdrawals Continue by The Associated Press text size A A A GENEVA February 9, 2010, 02:28 pm ET Swiss bank UBS AG posted ...

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S&P cuts outlook on Citigroup, Bank of America

16 hours ago ago from U.S. News

S&P cuts outlook on Citigroup, Bank of America NEW YORK (AP) -- Standard & Poor's Ratings Services on Tuesday cut its outlook on Citigroup Inc. and Bank of America Corp. to "negative" from "stable," saying bond holders could take a hit if the government steps in again to support banks. The negative outlook signals the possibility of a future downgrade. However, S&P affirmed the banks' investment-grade counterparty credit and debt ratings. ...

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Bill Scher: Tell The Senate: Stand With Students. Not Sarah Palin's Big Bank Buddies.

17 hours ago ago from Huffington Post

Click here to the tell the Senate: end the $80 billion subsidy to the big banks and pass student loan reform. Right now, we taxpayers give big banks billions to subsidize their student loans. Giving big banks money is decidedly unpopular after the TARP bailout, among liberals and conservatives. So you'd think there would be consensus to end the subsidies. Apparently not. After the House passed President Obama's proposal to end the ...

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