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They are nothing but a global loan shark and these 'ratings agencies' do their collecting.
We must not forget that these global loans at the moment are practically one third of the bank' s new loans.
However, that can only be done by means of global loans, which are made to banks, and the banks distribute the credits.
The latter are in danger of being considered too large to receive global loans but too small to benefit from direct loans.
He was a managing director and head of global loans for the Americas at Barclays Capital.
On his return to Chase in 1977, Fierce was appointed a senior credit-policy planner with responsibility for the bank's global loan portfolio.
Finally, I just want to add that there is a need to evaluate the system of global loans which is at present a little too vaguely defined.
What does the EIB intend to do to disseminate further knowledge concerning the global loans, that is to say the loans to small enterprises?
KfW also provides loans to European commercial banks to help them finance small and medium enterprises, housing and infrastructure (so-called global loans).
It will then read: ...'welcome the bank's commitment to improved transparency and efficiency of its global loans and its response to critical questions regarding these instruments'.
On the way he encounters the Central Offices of Universal Assurance and Global Loan and Finance Corporation and the Jungle Hot Spot night club.
I would add that similar work is under way on evaluating global loans, that is, the loans that we grant to intermediary banks for lending either to SMEs or to local authorities.
In this case, we risk losing the ability to check that these loans are consistent with European Union objectives and we need to find a way of checking where these global loans have gone, obviously.
We are continuing to provide this support, not only through global loans but also through the European Investment Fund, which last year gave risk capital of EUR 800 million to small- and medium-sized businesses.
First of all, regional development, with a view to devoting 70% of our direct loans and at least 50% of our global loans to projects based in regions eligible for assistance under the Structural Funds.
We therefore regret the rejection of an amendment tabled by our group, asking the EIB to extend its strive for transparency to disclosing the financial beneficiaries of global loans lent through financial intermediaries.
A subject I think especially worth highlighting is global loans, which are also put forward in terms relevant for small and medium-sized enterprises and without any doubt will enable us to solve two problems that some of you have mentioned.
Bonds are loaned in terms of years; for example, a three-year $2 billion USD global loan will be paid back by the country it is loaned to within three years at face value plus the interest rate.
Last year, we granted EUR 6 billion to environmental projects in the form of individual loans and EUR 2 billion through what we call global loans, in other words, loans to intermediaries, which themselves provide loans to local authorities.
Many of the protesters view the World Bank and the I.M.F. as global loan sharks, hooking lower-income nations on cheap debt and then insisting that they adopt free markets, unlimited investment, privatization and restrained government spending, or risk a cutoff in new aid.
In a global loans approval memorandum dated March 2001, relating to a $3.75 billion line of credit that WorldCom wanted to refinance, analysts at the bank recommended increasing the amount it was willing to lend the company, noting that the money was unlikely to be used.
It is also intended to help finance small ventures, and the EIB grants 'global loans' to intermediary financial institutions, such as Finance for Industry in the UK, which on-lend the funds for suitable projects after prior approval from the EIB.
I can confirm that, so far as global loans are concerned – a subject which has already been discussed in committee – we are renegotiating the contracts with the intermediary banks to ensure that they really do pass on to the final beneficiary the financial advantage we are giving them.
With regard to the financing of SMEs, I would remind you that we finance small and medium-sized enterprises in two ways: on the one hand, through global loans, as half of our global loans go to small enterprises, and, on the other, through the provision of risk capital from the European Investment Fund.