tag:blogger.com,1999:blog-9317825.post111864153665794407..comments2023-10-30T15:29:59.720+03:00Comments on Bankelele: Banks cutting back on personal loansbankelelehttp://www.blogger.com/profile/01180926084939364063noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9317825.post-1135096926365429182005-12-20T19:42:00.000+03:002005-12-20T19:42:00.000+03:00Standard & Poors 2004 Sovereign Debt Report<A HREF="http://www.asiasociety.org/policy_business/ASEAN2004/sovereign_defaults.pdf" REL="nofollow">Standard & Poors 2004 Sovereign Debt Report</A>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1135096803040776422005-12-20T19:40:00.000+03:002005-12-20T19:40:00.000+03:00The link is: http://www.asiasociety.org/policy_bus...The link is: http://www.asiasociety.org/policy_business/ASEAN2004/sovereign_defaults.pdfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1135096718525344692005-12-20T19:38:00.000+03:002005-12-20T19:38:00.000+03:00(except Argentina...and Mexico, Chile, Turkey, Bra...(except Argentina...and Mexico, Chile, Turkey, Brazil, Germany before WWII, Cameroon, Uruguay, heck even Kenya...)<BR/><BR/>Point is, lots of countries default on their debt. We just don't get to hear about it in the news if it doesn't involve private lenders.<BR/><BR/>see: http://www.asiasociety.org/policy_business/ASEAN2004/sovereign_defaults.pdfAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1118983329519702972005-06-17T07:42:00.000+03:002005-06-17T07:42:00.000+03:00banks must lend money in order to grow, pay deposi...banks must lend money in order to grow, pay depositors, and be profitable - in doing so they take varying amounts of risk. governments always borrow but always repay (except Argentina), corpoorations tend to get lower rates, because they are considered low risk. but individuals are considered high risk, especially if they don't offer any security (such as building or car) for the loan.bankelelehttps://www.blogger.com/profile/01180926084939364063noreply@blogger.comtag:blogger.com,1999:blog-9317825.post-1118879721067177512005-06-16T02:55:00.000+03:002005-06-16T02:55:00.000+03:00Why would a bank lend to individuals whose default...Why would a bank lend to individuals whose default rate might increase if the In-duplum rule is passed? <BR/><BR/>It might be safer - as a shareholder in banks - I prefer they lend to the Govt & large corporates. Even though this is NOT good for economic growth how can banks take such a risk esp there is no guarantee of repayment!Anonymousnoreply@blogger.com