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South Africa: African Bank Bucks Trend as Sales Rise (AllAfrica.com)
MASS market lender African Bank said yesterday its year-to-date sales to June rose 40% to R7,1bn despite a drop in the loan approval rate, and it expected annual sales to rise up to 40% in the year to September.
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Post Sells Atlanta Apartment Property, Refinances Others (Commercial Property News)
It’s only Wednesday and already it’s been a big week for upscale multi-family developer Post Properties of Atlanta. The REIT has sold its 250-unit Post Oglethorpe apartment community in Atlanta’s Brookhaven area for $38.5 million and has refinanced two apartment complexes held in joint ventures.
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Will the consumer credit market be the next to collapse? (Crikey)
The sub-prime market has collapsed, Alt-A and even prime loans appear to be in serious trouble in the United States, but surprisingly, there has been very little discussion of a potential collapse in the consumer credit market. That however could change soon.
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Take Stock of Summer Spending by Ditching Sting-in-the-Tail Store Cards (PRWeb via Yahoo! News)
11.4 million store card accounts* provide a financial headache for many borrowers.
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Take Stock of Summer Spending by Ditching Sting-in-the-Tail Store Cards (PRWeb)
11.4 million store card accounts* provide a financial headache for many borrowers. (PRWeb Aug 17, 2008) Read the full story at http://www.prweb.com/releases/2008/08/prweb1215674.htm
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Wealth Check: 'I want to pay off my main mortgage early' (Independent)
Peter Martin, 48, is a self-employed property manager and he and his wife own their home and two further buy-to-let homes.
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“CITIADVANCE”, A NEW BRAND OF CONSUMER FINANCE FROM CITICORP LEASING DEBUT (Thaipr.net)
Citicorp Leasing (Thailand) Ltd., a non-bank consumer finance arm of Citi, Thailand, launched a new consumer finance brand - “CitiAdvance”, offering flexible financial options that embody convenience,
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Stressed with too many loans? (rediff.com)
Consolidated debt fund is the answer for you if you are burdened with a whole lot of loan repayments from home loan EMIs to vehicle loans to credit card debt.
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Affirms AMD's IDR at 'B-'; Outlook Negative Business Editors (INO News)
--Senior unsecured debt at 'CCC/RR6'.
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Fitch Affirms AMD's IDR at 'B-'; Outlook Negative (Business Wire via Yahoo! Finance)
CHICAGO & NEW YORK----Fitch has affirmed the following ratings on Advanced Micro Devices Inc. :
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