The 199,532 in interest earned on 1,361 loans active during the reporting period was channelled into new loans.

For example, the classical prohibition on usury was softened from a ban on charging interest on all loans to a ban on charging interest on loans for which the lender had no alternative use, i.e., for charging interest on hoards or cash balances.

c Defaulted on restructured loans, December 1998 defaulted on interest arrears notes, June 1999.

6. Use of selective nominal interest rates in such a way that interest rates on loans for speculative activities would be greater than the rates on loans for productive activities, and resulting weighted real interest rates for savings would be positive.

Most of this is accumulated interest on loans borrowed by rapacious dictators of the past.

As a result, debt from accrued unpaid interest had increased and it had become more difficult to obtain new loans or loans on favourable terms.

Meanwhile, interest rates on bank loans to nonfinancial enterprises remain close to 7 , despite having fallen slightly over the last year. And, in the second quarter of this year, the annualized interest rate on loans to small nonfinancial corporations surpassed 25 .

The World Bank s traditional instruments have been (and still are) low interest loans, interest free credits, and grants.

All loans from banks, including the VANWODS scheme (a microfinance scheme for disadvantaged women currently operating in Port Vila) are charged at 16 per cent interest on loans.

I am not advocating a return to the early Middle Ages, when Church usury laws forbade interest on loans.

Can a bank just continue issuing loans and checking accounts indefinitely and essentially collecting the difference in the interest between the interest it gets on the loan and the interest it gives on the checking account?

SOEs will lose their low interest loans, subsidized land, monopoly protection, and privileged housing.

The Agricultural Bank of Namibia, for example, provided low interest loans to women farmers.

Under the current system, the fixed differentials between interest rates on deposits and those on loans translate into monopolistic profits for commercial banks.

The donors might pay part of the interest cost or principal on loans and provide the funds to repay the arrears.

Total charges on loans

And the Fund has assisted low income countries with large loans at unprecedented zero interest rates.

The higher interest rates would also apply to corporate bonds and bank loans, weakening business investment.

Meanwhile, French banks charge at least 5 6 interest on the loans that they grant to African governments to finance their budget deficits.

However, some microfinance institutions charged interest on loans and the Government was investigating ways of reducing interest rates to ensure that the recipients of credit were able to benefit fully from it.

81. Commercial banks are neither equipped nor interested in providing small loans at a reasonable interest rate.

Since extracting commercial interest rates from starving people seemed like usury, the loans had to be offered on a concessionary basis in effect, aid.

10. Creation of a special fund for loans at subsidized interest rates to certain groups of economic operators.

In addition, for this particular group of countries, the World Bank has developed a special programme to reduce the interest cost on outstanding Bank loans.

I am not advocating a return to the early Middle Ages, when Church usury laws forbade interest on loans. Back then, financial market participants had to devise fantastic schemes and contortions to disguise interest payments.

In 2012, the People s Bank of China allowed commercial banks to float interest rates on deposits upward by 10 from the benchmark, and on bank loans downward by 20 .

Prolonged controversies over the terms and conditions of assistance and the absurdly high interest rate initially set on official loans exacted a heavy toll on countries already under stress.

Similarly, loans for economic development should be extended at a concessionary interest rate with a long term payback schedule.

But the Bank also provides grants and low interest loans to the poorest countries, particularly for education and health, and advises these countries on development strategies.

In some cases, explicit age barriers prevent younger or older persons from qualifying for microcredit schemes or low interest loans.

And, even Einstein saw compounding work that is interest on, interest on, interest.

A firm that made loans on the place.

He noted that the Secretary General apos s suggestion that Member States which were in arrears should be charged interest in order to meet the interest on commercial loans was not consistent with the Independent Advisory Group apos s recommendation that interest on late payments should be deposited in the Working Capital Fund.

But the Fed s low interest, non recourse loans to buy up toxic assets have not yet caused a stampede of participants.

You shall not lend on interest to your brother interest of money, interest of food, interest of anything that is lent on interest

The head of the delegation had mentioned his efforts at decreasing the interest rates for women's loans, an important priority for women in the Third World, for such loans enabled rural women to launch microenterprises.

At a time when Americans owe more in tuition debt than credit card debt, this Congress needs to stop the interest rates on student loans from doubling in July.

If Greece is to start paying just the interest on its debt rather than rolling it into new loans by 2011 the government would need to run a primary budget surplus (i.e., excluding interest payments) of nearly 10 of GDP.

They didn't make loans and then sell the loans.

loans instead when these countries couldn't repay these loans.

Loans made to or on behalf of refugees . 102

Instead, up to now at least, the government has mostly been providing (high interest) loans rather than engaging in massive equity buyouts.

Housing cooperatives, which already account for 10 per cent of the total housing production, are provided loans at favourable rates of interest.

Loans disbursed

Loans receivable