Archive for the 'Loans' Category

Farmers Reject Argentina’s Bid to End Protests on Tax

Farmers in Argentina said new government caps on grain-export taxes don’t go far enough, threatening to prolong a two-month conflict that has disrupted trade and led to food shortages in Buenos Aires.
The government reduced the top end of the variable tax rate on soybeans, wheat, corn and sunflower seeds, leaving the levy unchanged at the [...]

Commodity price hike leads to rise in banks’ profits

Banks in the country saw good profit making in 2007 mainly due to price hike of commodities in international market, industry people said.
Top bankers have attributed the profits to increased commissions from fat import bills following the price hike of commodities such as food grains, energy products and fertiliser.
According to Bangladesh Bank (BB) data, in [...]

Ex-Im-Bank Increases Support for Local Costs on U.S Export Contracts From 15% to 30%

The Export-Import Bank of the United States (Ex-Im Bank) now can support an increased portion of the local (buyer country) costs in U.S. export contracts that the Bank is helping to finance. Local costs include such items as site preparation and construction services provided in the importing country.
The Bank’s board of directors approved the increase [...]