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ADB may stop RP loans; Moodys alters outlook (Sun Star)
MANILA - The Asian Development Bank (ADB) said yesterday it may cut off new lending to the Philippines, while another international ratings agency downgraded its outlook as the country s political crisis took its toll on the fragile economy.
ADB okays .5-B RP loan program (Manila Bulletin)
The Asian Development Bank said yesterday its executive board has endorsed a three-year loan program of up to .5 billion for the Philippines. The actual amount of loan will depend on the pace of key sectoral reforms and fiscal consolidation in the country, it said.
Benchmark interest rate rises on rating outlook cut (The Manila Times)
BENCHMARK interest rates rose on Monday as the government accepted high bids by banks seeking a premium for holding Philippine debt papers. The premium rose due to a downward revision made by Fitch Ratings on the credit rating outlook of the Philippines.
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More government debt consolidation loans News Feeds:
Improve Your Credit Now Launches Blueprint for Healthy Debt Relief
Improve-Your-Credit-Now dot com extends open arms and a safe haven for consumers seeking confidential guidance, assistance, and resources. [PRWEB Jul 16, 2005]
The Hard Truth About Debt Consolidation
As the growing need of debt consolidation services rises, so does the advent of unscrupulous debt consolidation lenders. [PRWEB Jul 16, 2005]
Guaranteed Loans and Assistance for Bad Credit Victims
[PRWEB Jul 16, 2005]
Direct Lending Mortgage opens godirectlending.com
Direct Lending, a Michigan based mortgage lender, opened its new website today and welcomes anyone to visit godirectlending.com and apply online for free. [PRWEB Jul 16, 2005]
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