31. Many traders expected the bank to raise rates again this morning to keep the dollar looking attractive. 32. Meanwhile, banks are raising more money by borrowing from other banks or selling debt to investors. 33. Most banks are raising fees and adding new ones to make sure that all customers pay for the services they use. 34. Not only is demand off for business loans, but some claim banks have raised the credit-standard bar too high for many small businesses. 35. One bank had already raised its rates. 36. Philippine banks raised lending rates they charge their most creditworthy borrowers as the central bank signaled that it is pushing interest rates higher to defend the peso. 37. Previously, there was concern the bank would raise rates if the next tankan, in early June, showed the economy to be sufficiently on the rebound. 38. Remember the credit crunch, when executives and entrepreneurs around the country squawked that banks had raised standards so high that no one could get a loan? 39. Rising bond yields make it more expensive for banks to raise money on financial markets. 40. Rising interest rates make it more expensive for banks to raise funds for lending. |