Under the terms of this side letter, however, the United States agrees not to collect on the Lend-Lease debt until the U.S. government makes available to the Soviet Union export credits, guarantees and insurance through the U.S. Export-Import Bank and other government credit facilities!
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And the key there as I see it is that local banks are cutting back on their willingness to lend because of their expected losses on commercial real estate.
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The bank-rescue package this week aims to loosen the terms on which banks lend to businesses.
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And until recently banks have been all too ready to lend on it.
Bankers must learn to lend on the basis of creditworthiness, rather than cronyism.
He will also be reducing the pressure on banks to lend more sensibly.
It drives short-term interest rates lower allowing banks to borrow low on the short-term end of the yield curve, and lend high on the long end.
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He also announced a new "statement of principles" for high street banks to put pressure on them to lend to small businesses and action to encourage more responsible lending by credit card companies.
He is a maverick in a country whose financial institutions have long operated around hak-yeon, ji-yeon and hyul-yun (school, hometown and kinship ties) and government diktat on who to lend to and how much.
However, one wonders what this will actually achieve. the new arrangements permits central banks CB to borrow Dollars from the Fed then in turn lend on those same Dollars to banks within their domain that have been priced out of the interbank capital market.
That should force them to raise money, and thus to lend, on commercial terms.
They depend on being able to lend their star rating to others.
We expect established drugs like Januvia, Janumet, Isentress and Gardasil to continue to gain sales on broader usage and lend support to growth.
The credit union also prides itself on being able to lend to some people with ill health whom a bank or a building society would not entertain.
The scheme, operating since last August, has been offering cheap funds to banks and building societies, on condition they then lend the money to personal and business customers.
The daily advances in science and technology lend hope that on balance things can be even better.
That number looks to grow with news that libraries may start to lend books out on the e-reader.
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What Obama agreed to do was lend his commander on the ground, Gen.
In Malaysia, Indonesia and the Philippines, regulators have issued guidelines to the banks on how much they should lend to any one sector.
The difference between the low rate they can borrow, being guaranteed by the Government, and the higher rate that they can lend the money on.
Leverage is the ratio between what banks lend and invest on the one hand and the capital they hold to absorb potential losses on their loans and investments.
But then Greek banks and those of other nations in trouble were also bankrupt, and yet the same troika lend to them on better terms in order to avoid bankruptcy.
Not having to consider Basel III would allow European financial institutions additional time to solve their problems while creating less stress on the institutions ability to lend to non-financial businesses.
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There is a strong suspicion in Africa that the decision to lend or not to lend depends more on the ambition of World Bank officials than on the commitment or otherwise of the government to which they are lending.
To lend some perspective on how rapidly this military and diplomatic response came together, when people were being brutalized in Bosnia in the 1990s, it took the international community more than a year to intervene with air power to protect civilians.
To ease the burden on Greece, ministers seem ready to lend it money to buy back existing bonds, and to lower the interest rate they charge on loans.
She had little financial help from the government and had to convince the bank to lend her the money on her own.
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Five years ago the bank could pay just 1.35% for a one-year CD and lend out the money on a 30-year mortgage at 6.25%.
People can't afford to borrow more, banks are getting more choosy who they lend to, building societies who they lend to and so on.
Small businesses moan that banks will lend to them only on draconian terms, if at all (though they also say weaker sales are a bigger problem).
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