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Friday, March 19, 2010

Loans

RBS Cuts Loans to Clean Energy, Snubbing Brown’s Goal (Update1) (Bloomberg)
March 19 (Bloomberg) -- Royal Bank of Scotland Group Plc , historically the biggest commercial lender for renewable energy projects, has scaled back loans to the industry since the U.K. government bailed out the company in 2008.

High levels of bad loans afflict banks (Denver Post)
Another sign pointing to the deteriorating condition of Colorado financial institutions has emerged: The number of banks saddled with high levels of delinquent loans has jumped from 13 three years ago to 70 today.

Over-optimism dogged Student Loans Company's IT-based scheme (Computer Weekly)
An IT-based programme to manage the centralised payments of student loans was dogged by over-optimism, poor internal communications and not enough internal...

Student loans system 'at risk' of more delays (ITN via Yahoo! UK & Ireland News)
England's student loans and grants system is at "substantial" risk of being hit by delays again this year, according to a damning report.

"Substantial" risk that student loans crisis will reoccur (The New Statesman)
There is a "substantial" risk that England's student loans and grants system will be delayed again this year, according to the National Audit Office (NAO).