Agri loan rates steady

AFTER steadily rising about two per cent last year, average interest rates on loans to farmers have held almost unchanged for the past six months, despite some cheap deals emerging for mainstream business sector borrowers.

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Omni Capital appoints new CEO and enters resi market

Short-term bridging finance lender Omni Capital has appointed Colin Sanders as CEO and is expanding into the unregulated residential market.

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PNC Financial Stays Neutral

We have reiterated our Neutral recommendation on PNC Financial Services Group Inc.

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BoE says most credit supply to stay steady in Q3

LONDON, June 30 - British banks expect to keep the supply of most lending constant over the next three months, and for a recent rise in businesses' credit demand to level off, the Bank ...

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GE Energy Financial Services Expands Gas-Fired Lending Portfolio with $73 Million for LS Power Merchant Plants

Bolstering its lending portfolio of natural gas-fired power plants, GE unit GE Energy Financial Services announced today it is providing $73 million for three merchant generating facilities owned by an affiliate of LS Power in Illinois and Connecticut.

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Paul Streiber, M.B.A., CFP® Joins Heritage Financial Planning

Heritage Financial Planning, growing to meet clients’ needs, hires Paul R. Streiber, M.B.A., CFP®.Grapevine, TX July 07, 2011 Paul R. Streiber, M.B.A., CFP®, financial planner and wealth manager, has joined Heritage Financial Planning

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Beltone Financial Selects SunGard’s Valdi and Global Network to Support its Middle East Trading Business

Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and order management solution to support its local and regional trading business via a single front-office platform.Dubai July 06, 2011 Beltone Financial, a leading investment bank in the Middle East and North Africa, has gone live with SunGard's Valdi trading and ...

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Edelman Financial Opens Office in Boca Raton, FL

Award-winning firm opens office in South Florida to meet local demand.Boca Raton, FL July 05, 2011 Edelman Financial Services LLC, the nationally acclaimed investment management firm headed by renowned financial advisor, author and talk show host Ric Edelman, announced the opening of its Boca Raton office, located at 7900 Glades Road, Suite 310, Boca Raton, FL 33434.“Consumers have too ...

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UK Lending to individuals improves ever so slightly, but still weak

LONDON - Total lending to individuals rose by £1.3bn in May, similar to the previous six-month average of £1.2bn.

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Lloyds Banking Group has more high-risk loans and mortgages, says BoE

Around 60 per cent of the state-backed bank's secured lending has a 'high' or 'very high' loan-to-value ratio - that is, a loan worth between 70 per cent and 90 per cent of the property's value.

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