51. The banks had provided credit to state companies that accumulated losses and ignored loan repayment during communist rule and under Milosevic. 52. The Central Bank instructed state-owned banks to defer loans repayments for seven years, reduce interest rates and provide fresh loans. 53. The Cook Islands economy last month was reported to be in serious strife, with defaults on loan repayments. 54. The increase was not caused by arrears on loan repayments but continued borrowing, the Finance Ministry said. 55. The loan repayments for the other ships plying the domestic routes in the Group are reaching its tail end, he said. 56. The government squeezed banks even further Monday, indexing loan repayments to salaries, rather than to inflation as had been agreed previously with banks. 57. The overall bad debt level in the banking industry is expected to grow as more companies experience difficulties in loan repayment, Mr Ng said. 58. The World Bank uses loan repayments to replenish its pool of cash for new loans. 59. Welch later embarrassingly had to ask for a loan repayment. 60. Corporates are postponing loan repayments. |