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Universal and commercial banks' bad loans as percentage of total loans further declined in December, central bank data showed.

HUNDREDS of thousands of lower income earners in Singapore are to be given greater access to relatively small unsecured loans from banks.

Debt companies have been quick to respond to news that the government is cracking down on misleading advertising.

Ohio House Democrats rolled out their top-priority bills of the 128th session today, including legislation from two newly elected representatives from Cincinnati that propose military bonuses for veterans returning from the Middle East and a six-month moratorium on foreclosures of occupied homes.

THRIFT BANKS continued to post a single-digit nonperforming loan ratio as of the end of the third quarter of last year, central bank data showed.

THE government was today setting out plans to pour billions of pounds more of taxpayers' money into Britain's struggling banks, in a bid to restore confidence and get credit flowing again.

Lloyds Banking Group, created with Lloyds TSB Group Plc's takeover of HBOS Plc, will be 43 percent owned by the U.K. after investors declined the government's offer to buy stock.

BRITISH finance Minister Alistair Darling refused yesterday to rule out more government help for struggling banks, though he said such aid was "not your first port of call".

The Japanese government and the Bank of Japan are considering launching a new scheme to buy bad credit loans and other financial assets from banks using public funds,

HSBC Holdings Plc, Europe's biggest bank, may seek to raise about $14 billion as increasing bad credit loans provisions erode profit, CLSA Asia-Pacific Markets said.

Estate Financial Inc. (EFI) creditor Ron Cooper said he plans to identify Heritage Oaks Bank as a co-conspirator with EFI principals Karen Guth and Joshua Yaguda in a lawsuit to be filed later ths month.

CBR Issues Unsecured Loans for 335 Bln Rubles at Six-Month Auction; Cutoff Rate at 12%

AUSTRALIANS struggling to pay off record levels of credit card debt are not having interest rate cuts passed onto their cards.

The large banks operating in Romania have increased the interest rates they are charging on loans denominated in the local currency, the leu (RON) and the single European currency, the euro, by 4-5%, with the nominal interest rates on consumer loans standing at more than 20% per annum.

The Central Bank of Russia will hold an auction on extending unsecured loans to credit organizations at the Moscow Interbank Currency Exchange (MICEX) on Thursday, the Prime-Tass business news agency said with reference to the CBR public relations department.

Despite the stock market plunging, repeated assurances by Finance Minister P Chidambaram on India’s strong fundamentals and RBI's surprise 150 bps CRR cut to induce liquidity helped many public sector banks to post gains on Friday.

INTEREST rates could be slashed to three per cent within a year, experts predicted yesterday.

The government has been called upon to ensure that the basic state pension is in line with average salaries or inflation, depending upon which is higher.

A change in the law is set to make it easier and quicker for banks, loans and credit card companies to pursue unpaid debts, it has been reported.

The Reserve Bank of India (RBI) has asked banks to improve credit flow to the fund-starved Small and Medium Enterprises (SME) in the country, which has declined sharply in the last decade.......

According to a recent report the interest rates being charged on some Personal loans are going up as a result of a crackdown on Payment Protection Insurance cover. ......

Moneyback Bank and Alliance and Leicester increase rates by up to 1.1% ......

Nomis Solutions, the leader in pricing optimization for banking and finance, announces today that HBOS has renewed its license of the Nomis Price OptimizerT....

MUMBAI: Banks are increasingly allowing borrowers to convert credit card dues into personal loans in a bid to stave off defaults triggered by inflation and rising rates. ........

While fixed-rate mortgages have begun falling in recent weeks, the cost of personal loans from some of the UK's biggest lenders are still on the up - and they are increasingly playing into the hands of doorstep lenders........

The taxpayer now owns a mid-sized mortgage bank. What have we got? And is its asset portfolio as "good" as Alistair Darling says?.......

So it's the last day of 2007. Whether you've had a great year, or a tougher time you'll no doubt still hope for better things in 2008.......

More than a million Britons have been rejected when applying for an unsecured loan in the last six months, and this figure is being driven up by online loan providers......

Britons have been able to take out unsecured loans from each other rather than banks for two years now.....

Following a number of interest rate hikes enforced by the Bank of England since August last year, experts are warning that the interest rates on most personal loans could soon run into.......

The loan on offer from GE Money is 6.3% on £5,000 to £25,000 with a period of one to seven years. This is only available to applicants over 24. There is no arrangement fee.....

BBC News explains the ins and outs of choosing a personal loan...

A recent survey by A&L Loans found that the most popular reason for taking out a loan...