More consumer loans sourced from universal, commercial and thrift banks were recorded in the fourth quarter of last year, data from the Bangko Sentral ng Pilipinas (BSP) showed. View original post here: Banks’ consumer loans reach P413B in 4Q 2009 (Malaya)

THE country’s consumer loans reached P413 billion in the fourth quarter last year, the Bangko Sentral ng Pilipinas (BSP) said. read more See the original post: Consumer loans hit P413B in 4th quarter (Sun Star)

Every year, tens of thousands of college students and graduates stop making payments on their student loans. For more than a decade, that loan-default rate was in decline because the federal government toughened penalties for schools with high shares of defaults. Read the original: Defaults on student loans rising (12 News Phoenix)

DUBAI: Bahrain’s Gulf Finance House (GFH) said it was close to setting up a US$326 million (US$1 = RM3.37) unit in Syria as the Islamic investment bank looks to boost revenues in a relatively untapped banking market. Syria Finance House, with a capital of US$326 million, would be GFH’s first expansion with the potential to bring additional fee income in about a year. GFH and other financial...

Ever since she was a little girl, Lori LeBlanc has had a knack for the billing side of business. At age 10, she became the first official accounts receivable clerk for her family’s company. See the original post: Entrepreneurs: DoctorsXL does business side of medicine (Reno Gazette-Journal)

When Michael Bosma opened the Bosma Group, he based it on a simple equation for success: Find a need that’s not being met, then meet it. The Reno-based firm issues financial statements, prepares tax returns and provides general business advice for growing companies. Link: Enterpreneuers: The Bosma Group meets business needs (Reno Gazette-Journal)