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Monday November 23, 2009
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Interest Rate Trends News is an EIN News Service for finance industry professionals. Constantly updated news and information about finance.
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Latest Interest Rate Trends News

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  • Lawmakers want interest rate cap sustained 23 Nov 2009 00:30 GMT
    ... either abolish the rate cap completely or raise the ceiling rate to give banks more ... The central bank has held its key interest rate at 7 percent since February and ... on deposits, hardly having any room to hike the rate further due to the ceiling. ...

  • Parabank cuts interest rates of loans for small- and medium-size business 23 Nov 2009 08:32 GMT
    ... Parabank cuts interest rates of loans for small- and medium-size ... 100,000 manats, US dollars, and euro. Annual interest rate is 22% (1.8% monthly) up to 30% ...

  • Call to slash court-imposed interest rates on personal debt 23 Nov 2009 02:54 GMT
    ... Call to slash court-imposed interest rates on personal debt COURT imposed interest rates for debtors unable to pay back ...

  • Interest rates to stay at record lows, says Nationwide 23 Nov 2009 08:15 GMT
    ... Building society Nationwide today forecast a protracted recovery from ... forecast a protracted recovery from recession and interest rates at record lows until "at least" the ... fallen more than three months into arrears increased to 2.34 per cent, from 1.62 per ...

  • Car sales up and chances of another rate hike 23 Nov 2009 05:55 GMT
    ... help convince the Reserve Bank to lift interest rates for the third straight month in ... RBA will use to make its December interest rate decision. "The RBA, for December, have highlighted ... rises remained ``an open question.' "They've never raised rates three months in a row before ...

  • Australian vehicle sales surge in Oct, supports case for rate hike 23 Nov 2009 10:13 GMT
    ... surge in Oct, supports case for rate hike Monday, November 23, 2009 16:50 WIB | ... Reserve Bank of Australia (RBA) to lift interest rates for the third straight month in ... RBA will use to make its December interest rate decision. Source: Business in Asia Today - ...

  • South Korea's GDP growth estimates raised 23 Nov 2009 03:11 GMT
    ... the central bank to raise its benchmark interest rate as exports spur a rebound, the Organization ... boost the economy. The Bank of Korea cut interest rates by 3.25 percentage points between October ...

  • PREVIEW-Pakistani c.bank likely to slash policy rate 23 Nov 2009 10:07 GMT
    ... By Sahar Ahmed KARACHI, Nov 23 (Reuters) - Pakistan's central ... 2008, has repeatedly urged caution on cutting interest rates unless 'economic and financial conditions permit.' At ... years in November last year. The IMF increased the loan by $3.2 billion in July. ...

  • Ciena raises bid for some Nortel assets: sources 23 Nov 2009 00:30 GMT
    ... Sunday, Nov. 22, 2009 6:47PM EST has raised its offer for Nortel Networks Corp's optical ... ethernet networks business is an opportunity to increase sales. The equipment manufactured by these companies ... in the form of convertible notes. The interest rate for the senior notes, due June 15, 2017, ...

  • With Regulation Coming, Analysts Say Industries Raise Prices 23 Nov 2009 05:33 GMT
    ... If you think you're spending more on services where you were ... percent in the past year. The price increases effectively cancel out possible savings for the ... bank overdraft fees and reduce credit card interest rates, those industries have also seen recent changes. ...

  • JAL Seeks 40 Pct Pension Cut For Survival 23 Nov 2009 11:53 GMT
    ... JAL Seeks 40 Pct Pension Cut For Survival "I feel an attachment to ... can't, the risks to our survival will increase, including the possibility of a court-led reorganization," ... JAL is asking to change the annual interest rate on pension reserves from the current 4.5 percent ...

  • JAL seeks 40 pct pension payout cut for survival 23 Nov 2009 09:06 GMT
    ... Monday to accept an average 40 percent cut to their pension payouts and warned the ... can't, the risks to our survival will increase, including the possibility of a court-led reorganisation," ... JAL is asking to change the annual interest rate on pension reserves from the current 4.5 percent ...

  • JAL seeks 40 percent pension payout cut for survival 23 Nov 2009 12:00 GMT
    ... Monday to accept an average 40 percent cut to their pension payouts and warned the ... can't, the risks to our survival will increase, including the possibility of a court-led reorganization," ... JAL is asking to change the annual interest rate on pension reserves from the current 4.5 percent ...

  • Indonesian gov't asks banks to cut lending rate for small business 23 Nov 2009 11:31 GMT
    ... that he expected banks to reduce loan interest rate for small and medium enterprises, as ... had imposed a tight monetary policy by cutting 300 basis points on its benchmark interest ...

  • CPF Life: Raise comfort level regarding payout guarantee 23 Nov 2009 06:13 GMT
    ... CPF Life: Raise comfort level regarding payout guarantee WEDNESDAY'S report, ... if the lifespans of CPF Life members increase by more than expected, if Central Provident Fund (CPF) interest rates shrink, and if the Lifelong Income Fund ...


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