21. Having extended long-term loans to real estate firms, the thrift faced a shortage of funds. 22. He said the Bank of Japan would extend special loans to both institutions -- and to others that may need them. 23. His banks could extend the loans. 24. In return for extending the loan, the banks are likely to demand something in return from WorldCom. 25. Kim asked the ministry to help the cash-strapped group by encouraging financial institutions to extend loans. 26. Ken Courtis, chief Asian economist with Deutsche Bank AG, said credit risk management is poor even when bankers are not under political pressure to extend loans. 27. Korean bankers say European banks are charging the most interest to extend loans, including Dutch and German banks. 28. Last spring, it needed money but no banks would extend loans and business was slow. 29. Merchant banks typically extend loans without securing sufficient collateral. 30. Meanwhile, those now negotiating to extend their loans will be able to exact stiff fees or above-market interest rates in return for forbearance. |