Latest News for: Construction bank loans

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Southside to build new fire station, move toward staffing around the clock

The Gadsden Times 04 Oct 2022
The Southside City Council last week finalized actions toward construction of a new fire station, approving the borrowing of money from Metro Bank to construct a facility that will move the city toward a combination paid and volunteer department ... The loan approved with Metro Bank is at 4.9%; interest rates are not likely to be lower anytime soon.
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Tamil Nadu: Home buyers wary that EMIs could shoot up on back of repo rate hike

The Times of India 03 Oct 2022
N Purushotaman of Pattabiram had taken a loan from a nationalised bank to construct a house. As he fears the latest rate hike by the will have a cascading effect on his home loan EMI, he plans to sell a portion of his property and settle the debt. "Banks made us switch to repo-linked home loans promising benefits.
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GCR affirms Ecobank Ghana rating A+, outlook stable

Joy Online 03 Oct 2022
ETI is a pan-African conglomerate with banking operations spanning over 33 countries ... The bank’s gross loan and advances increased from 5.3billion in 2020 to 6.2billion in 2021 with loan loss reserves of 531.3million ... 34.6%), with most of the facilities extended to the manufacturing sector, constituting 19.2% of the bank’s loan book”, GCR said.
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GCR affirms Ecobank Ghana rating at A+, outlook stable

Joy Online 03 Oct 2022
ETI is a pan-African conglomerate with banking operations spanning over 33 countries ... The bank’s gross loan and advances increased from 5.3billion in 2020 to 6.2billion in 2021 with loan loss reserves of 531.3million ... 34.6%), with most of the facilities extended to the manufacturing sector, constituting 19.2% of the bank’s loan book”, GCR said.
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TCB to purchase American Continental

Taipei Times 02 Oct 2022
The Taichung bank is expected to complete the takeover of the Los Angeles-based lender in the spring, in a transaction valued at US$82.1 million ... Founded in 2003 and based in eastern Los Angeles County, the bank primarily offers loans related to commercial real estate, small businesses, construction and residential mortgages.
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China rolls out measures to tackle housing challenge

People Daily 30 Sep 2022
China Construction Bank ... In August, the Ministry of Housing and Urban-Rural Development, together with the country's finance ministry and central bank, announced efforts to support stalled construction projects by offering special loans through policy banks.  (Web editor.
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CX Daily: Lessons From The Chinese Silk Road Fund’s Eight-Year Journey Along The Belt And Road

Caixin Online 30 Sep 2022
Shanghai-traded Anxin received notice that the Shanghai banking and ... China Construction Bank to set up consumer finance unit. China Construction Bank Corp ... China Construction Bank plans to invest 6 billion yuan ($835.9 million) to establish CCB Consumer Finance Co., the bank said.
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Bình Dương encourages enterprises to invest in social housing

Vietnam News 30 Sep 2022
The investors of these projects would also get preferential credit loans from policy banks and commercial credit institutions and receive financial support in constructing technical infrastructure systems.
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Industrial park expansion called vital for Westmoreland County's future growth

Pittsburgh Tribune Review 30 Sep 2022
Construction will begin in October on the $6.3 million project to prepare parcels on more than 78.8 acres at the industrial park ... Most of the financing for that $8 million project is complete and construction could begin in spring 2024, Rigone said ... • Westmoreland banks loan for East Huntingdon industrial park development.
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Corruption continues after retirement for some officials

China Daily 30 Sep 2022
Oversight must be strengthened as several have been investigated this year ... Between 2017 and 2021, Liu made use of his influence and sought help from some civil servants still in service to help individuals and companies with things like construction projects, employment and securing bank loans. He received 5.53 million yuan in return ...

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