Latest News for: Construction bank loans

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Mumbai: ED probing Rs 2k-cr loan from Piramal Group to Omkar

The Times of India 15 May 2021
The ED investigated Omkar group when it took a Rs 410 crore loan from Yes Bank to construct buildings for slumdwellers under the Slum Rehabilitation Authority (SRA) scheme at Wadala but diverted the money to other group companies ... Omkar Group’s three projects’ accounts turned NPA, including the Yes Bank loan on the Worli project.
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OTTAWA SAVINGS BANK ANNOUNCES FILING OF APPLICATION TO CONVERT TO AN ILLINOIS-CHARTERED ...

Tyler Morning Telegraph 15 May 2021
While increasing our operational flexibility, the conversion will not affect the terms and conditions of our customers’ deposit accounts or loans ... Its loan portfolio includes one-to-four family residential mortgage, multi-family and non-residential real estate, commercial, and construction loans as well as auto loans and home equity lines of credit.
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Almonty Announces the Filing of Its Audited Annual Consolidated Financial Statements, MD&A and AIF for ...

The Marshall News Messenger 15 May 2021
We executed the KFW-IPEX Bank loan in December 2020 for US$75.1m libor plus 2.3% term loan for the construction of the world’s largest tungsten mine, our Sangdong mine in Korea. We completed all ore and waste portals at site in Korea and sterilized the site to prepare for construction.
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Tarin appointed to spur growth, check inflation: PM

Dawn 12 May 2021
... in the first 10 months of this fiscal year and the foreign exchange reserves of the State Bank of Pakistan (SBP) increased to $15.6bn ... Mr Khan said incentives in the housing sector had encouraged economic activity and the banks were offering loans for the construction of houses.
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Shaukat Tarin appointed to spur growth, check inflation: PM

Dawn 12 May 2021
... in the first 10 months of this fiscal year and the foreign exchange reserves of the State Bank of Pakistan (SBP) increased to $15.6bn ... Mr Khan said incentives in the housing sector had encouraged economic activity and the banks were offering loans for the construction of houses.
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Nevada governor pushes expanded state infrastructure bank

San Francisco Chronicle 11 May 2021
Sisolak said he expected projects that received loans from the infrastructure bank could create 16,000 construction jobs by the end of the year and more than 30,000 over the course of the next decade.
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Sisolak pushes expanded state infrastructure bank

Nevada Appeal 11 May 2021
Sisolak said he expected projects that received loans from the infrastructure bank could create 16,000 construction jobs by the end of the year and more than 30,000 over the course of the next decade.
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Sisolak pushes expanded Nevada infrastructure bank

Las Vegas Sun 11 May 2021
Sisolak said he expected projects that received loans from the infrastructure bank could create 16,000 construction jobs by the end of the year and more than 30,000 over the course of the next decade.
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NAB may involve Shahbaz's family in TTs probe: Farrukh

Urdu Point 11 May 2021
However, Pakistan Tahreek-e-Insaf (PTI) government has created a system under which people belonging to low income were being given loans on 3 per cent markup ... Farrukh said banks did not gave loans to the poor in past, while the PTI government would provide subsidy of Rs 3 lac on construction of one million houses ... ....
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Challenges in the financing of low-cost housing

Dawn 10 May 2021
Banks prefer to extend less risky loans to large corporate enterprises or finance big trade ... The State Bank and the Pakistan Banks Association have recently claimed that the housing and construction loan portfolio of banks has grown by Rs54bn from July to March compared to a stagnant position in the same period last year.
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Five things to know to start your day

Business Day Online 10 May 2021
The total Non-Performing Loans (NPL) recorded by banks for the real estate and construction sectors increased by 66.57percent, as the NPL rose to N226.62 billion in 2020 from N136.05 billion in the same period in 2019 ... Nigerian banks are charging an average interest rate of ...
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RTI activist, sons arrested for duping banks of r₹r15 crore

Hindustan Times 10 May 2021
A Gurugram-based RTI activist and his family members were booked on Monday for allegedly duping two banks of ₹15 crore by taking multiple loans against a property by transferring it among the family members, the police said ... In 2003, Poonam and Prashant allegedly took a loan for their export firm from a bank against the property.
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I buy road contracts – Chairman Wontumi

Ghana Web 10 May 2021
The Ashanti Regional Chairman of the New Patriotic Party (NPP) Bernard Antwi Boasiako has stated that the Akufo-Addo led administration owes him about GHC100 million for road constructions pre-financed. According to Chairman Wontumi, he finances contracts through loan facilities he acquires from banks.
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President Akufo-Addo’s govt has borrowed more money than any other govt

Ghana Web 08 May 2021
To go straight to the point, what is the benefit to the nation and the people considering the following scenarios? A president goes for a loan of say, US$5 billion from China or America or the World Bank. He decides to construct roads, build hospitals, schools and carry out other essential developments.
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Housing, construction loans continue to rise

Taipei Times 07 May 2021
Despite credit-tightening moves by the central bank, housing and construction loans climbed to NT$8.16 trillion (US$292.4 billion) and NT$2.87 trillion respectively in March, extending the previous month’s uptrend, data compiled by the Financial Supervisory Commission showed on Thursday.
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