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Selected loans headlines
Deutsche, Banks Selling $4 Billion of Boots LBO Loans (Update5) (Bloomberg.com) May 15 (Bloomberg) -- Deutsche Bank AG , Citigroup Inc. and Royal Bank of Scotland Group Plc are selling at least 2 billion pounds ($3.9 billion) of loans that funded the leveraged buyout of Alliance Boots , the first deal frozen when credit markets began seizing up in July. Cash America shuts Ohio stores as lawmakers ban payday loans (FOX 19 Cincinnati) COLUMBUS, Ohio (AP) - Cash America International says it will close up to 139 stores in Ohio. The announcement Thursday comes one day after the state Senate approved a bill that would ban two-week loans that support the payday lending industry. SSS implements year-long amnesty for short-term loans (GMA News) MANILA, Philippines - The Social Security System has implemented a year-long amnesty for short-term loans starting this month, a senior SSS official said on Thursday. Rates fall, but jumbo loans still playing hard to get (Bankrate.com) Higher loan limits, set by the federal government as part of an economic stimulus package early this year, were supposed to make jumbo loans more affordable in expensive housing markets. SME BANK APPROVES RM520 MLN IN LOANS WITHIN 3 MONTHS (Bernama via Yahoo! Malaysia News) KUALA LUMPUR, May 15 (Bernama) -- Bank Perusahaan Kecil dan Sederhana Malaysia Bhd (SME Bank) has approved loans amounting to RM520 million to about 270 small and medium businesses in the first three months of this year, said Minister of Entrepreneur and Cooperatives Development, Datuk Noh Omar today. |