Argentine banks bow to gov't pressure to cut rates
Story date: 2007-10-17 12:43:00
Added on: 2007-10-17 14:31:53
Reuters - Argentine lending rates have risen in recent months in reaction to global financial woes sparked by a credit crunch and the U.S. subprime mortgage market crisis. "This is a clear and concrete effort to promote credits for production and ...
Read more...
Related Stories:
-
Kirchner Urges Argentine Banks Cut Rates, Boost Loans (Update1) (Bloomberg.com)
Oct. 17 (Bloomberg) -- Argentine President Nestor Kirchner urged banks to cut interest rates and increase lending by about $6 billion a...
2007-10-17 07:58:40 -
James Berman: The Quiet Facts (HuffingtonPost)
A quiet fact is the yield curve, which has steepened so dramatically in recent months, as the Fed has cut short-term rates...
2008-03-04 08:53:36 -
Kirchner Pressures Argentine Banks Ahead of Election (Update4)
Bloomberg - Oct. 17 (Bloomberg) -- Argentine President Nestor Kirchner stepped up pressure on banks to cut interest rates and boost lending...
2007-10-17 03:28:00 -
Argentine Congress Will Seek Changes in Pension Plans (Update1) (Bloomberg)
Oct. 22 (Bloomberg) -- Argentine lawmakers will try to block the government's use of $29 billion in nationalized pension assets to repay...
2008-10-22 05:48:48 -
Rate rise may hobble Howard
News.com.au - Labor's treasury spokesman Wayne Swan said Australia had the second highest mortgage rates of any advanced nation, behind New Zealand,...
2007-10-24 07:56:00 -
Iceland's outlook cut to negative on persistent economic imbalances ...
Forbes - Although the central bank's short-term real interest rate has risen to over 8 pct, the effectiveness of monetary transmission is...
2007-11-20 06:24:00 -
Tender Offer for Accredited Completed
Forbes - Subprime mortgage companies have been struggling in recent months as the rate of delinquencies and defaults on the loans given...
2007-10-08 04:18:00 -
Citigroup, Dow both get a boost
Seattle Times - The banking industry has been battered in recent months as defaults on home loans have risen and rendered some...
2007-11-28 12:09:00
