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Business 13 May 2003 | 12:00 AM

Danaharta Q1 NPL at RM47b

PENGURUSAN Danaharta Nasional Bhd said its non-performing loans (NPLs) portfolio as at March 31 totalled RM47.58bil (value in loan rights acquired), involving 2,555 borrowers and 2,901 accounts.

Nation 12 May 2003 | 12:00 AM

Moneylenders need permit to place ads

Moneylenders will have to obtain a permit from the Housing and Local Government Ministry before they can advertise their services under amendments to the Moneylenders Act, said minister Datuk Seri Ong Ka Ting.

Nation 08 May 2003 | 12:00 AM

Loan defaulters forced to pose nude

Police have crippled a gang involved in an illegal money-lending operation thatforced loan defaulters to strip and pose for pictures.

Business 18 Apr 2003 | 12:00 AM

Japan juggles with bad loan problems

For all the rhetoric of cleaning up banks' bad loan mess once and for all, Japan is expected to hold back on radical action as it tries to shield banks from a financial crisis without triggering one on the way.

Letters 15 Apr 2003 | 12:00 AM

Better protection for borrowers now

By V.K.Chin

Business 11 Apr 2003 | 12:00 AM

Maybank plays down collateral for loans to SMIs

COLLATERAL would not be Malayan Banking Bhd#039;s (Maybank) principal criteria for approving loan applications by small- and medium-sized industries (SMIs) as greater emphasis would be placed on business viability, realistic business plans, business environment and competition.

Nation 10 Apr 2003 | 12:00 AM

Fixed interest rates on moneylending

THE Moneylending (Amen-dment) Bill was passed by the Dewan, paving the way for interest rates for moneylending purposes to be fixed.

Nation 10 Apr 2003 | 12:00 AM

Introduce special loan scheme, urges Zahid

BANKS should introduce a special loan scheme for those who want to borrow small sums of money, a backbencher said.

AseanPlus News 08 Apr 2003 | 12:00 AM

Banks sign pact on debt evasion

SIXTY-EIGHT Chinese and foreign banks in Shanghai signed a pact recently in a joint effort to fight debt evaders.

Business 05 Apr 2003 | 12:00 AM

Lawmakers criticise US SEC's oversight of credit-rating firms

In a contentious House of Representative hearing on Wednesday, sceptical lawmakers questioned whether federal regulators are prepared to impose tighter controls over credit-rating agencies, a powerful yet largely overlooked business.