31.   Besides, banks also give plentiful loans for buying homes or simply to purchase consumer items such as kitchen appliances, television sets or furniture.

32.   But freeing the banks from bad debts alone may not prompt them to give new loans and lower the interest rate to a more affordable level.

33.   But he said EPF had given loans to companies fully guaranteed by the Government with the undertaking that these would be repaid at current interest rates.

34.   But many problems persist in futures and stock markets, including price manipulation and illegal loans given by banks to securities companies, he said.

35.   Earlier this year, executives of retailer Daimaru Inc. admitted giving loans to the same group accused of squeezing payments from Takashimaya.

36.   Former Russian Prime Minister Viktor Chernomyrdin, now a lawmaker, was among those who derided Western governments for giving loans to the Soviet Union.

37.   He explained that in giving loans, banks needed to prioritise by identifying a more productive sector such as manufacturing which would ensure more profitable returns.

38.   He said education is a productive sector and that banks are allowed, even encouraged, to give study loans.

39.   He said it would enable the board to give loans for farming projects.

40.   He claimed that executive directors were receiving huge salaries, using company credit cards and cars for private use, and even gave generous loans to their proteges.