Bank holds interest rates at 5: related news

Russian Corporation of Nanotechnology picks out banks

The state-owned Russian Corporation of Nanotechnology will deposit RUB 130bn (approx. USD 5.5bn) with eight banks, the corporation's press office said. The corporation has summed up the bids of various lending institutions, and selected eight of them based on the recommendations of its financial consultant, Troika Dialog, including Russian Agricultural Bank, Bank Saint Petersburg, Uralsib Bank, NOMOS-Bank, Promsvyazbank, Alfa Bank, VTB Bank and Bank of Moscow.

Bank holds interest rates at 5%

The decision had been widely expected, despite calls from businesses groups to cut borrowing costs amid growing concerns about the economic slowdown.

Bank's cooling 'teaser' rate burns saver

I'm a little frustrated with my bank, Zions Bank. Last year, I opened an Internet money market account with them at a good interest rate (about 5 percent). My interest rate slowly went down without notice. Now it's at about 2 percent, although they don't make it easy to know what you're getting exactly.

Mercator Transport Group Corporation announces the opening of a $ 1 000 000 credit line with HSBC Bank Canada

LAVAL, QC, July 22 /CNW Telbec/ - Mercator Transport Group Corporation ("Mercator") (TSX-V : GMT), is pleased to announce the opening of a new secured $ 1 000 000 credit line with HSBC Bank Canada. This new credit line is replacing the $ 750 000 credit line held with the Royal Bank of Canada. The new credit line will be subjected to HSBC Bank Canada's preferential interest rate plus 1.50%.

HSBC BANK AUSTRALIA LIFTS FIXED HOME MORTGAGE RATES

HSBC Bank Australia has cut its fixed home loan mortgage rates, citing a recent fall in borrowing costs.

Loan rates climbing to new high. . Personal loan rates have, depressingly for some, reached a...

Personal loan rates have, depressingly for some, reached a new low as repayment rates hit its highest figure for seven years.

Most Bank Websites Are Insecure

Anonymous writes "More than three-quarters of bank Web sites have design flaws that could expose bank customers to financial loss or identity theft, according to a University of Michigan study that will be presented this week at the Symposium on Usable Security and Privacy. The study, 'Analyzing Web Sites For User-Visible Security Design Flaws,' examined 214 bank Web sites in 2006. It was conducted by University of Michigan computer science professor Atul Prakash and doctoral students Laura Falk and Kevin Borders."

You can Reserve Bank on it

The Reserve Bank’s latest Quarterly Statement seems to strike a more concerned tone than their recent actions—leaving rates on hold this month—would have suggested they thought was warranted. As a few commentators have noted, the forecasts they provide in this document point towards the conclusion that their settings might be too tight. That is, they may have left rates too high too long. From the Statement:

Personal Information From 1 Million Bank Accounts Sold on eBay

Personal Information From 1 Million Bank Accounts Sold on eBay: The personal bank account information of over 1 million bank clients, including account numbers and signatures has been discovered on the hard drive of a computer sold on eBay.

No grace period on simple interest loan

I have a home equity loan that is a simple interest loan. I make the same payment at the same time every month. The amount applied to principal and interest each month, however, is always different. Sometimes, all of the month's payment is applied to the interest expense.

Two more banks raise home mortgage rates

THE Commonwealth and ANZ banks have followed St George and BankWest by increasing their variable home loan interest rates independently of the Reserve Bank.

Two more banks raise home mortgage rates

THE Commonwealth and ANZ banks have followed St George and BankWest by increasing their variable home loan interest rates independently of the Reserve Bank.

Computer With UK Bank Customer Data Sold On eBay

Walpurgiss tips a BBC News story about a man in Oxford who paid $140 for a computer on eBay, and was shocked to find on it bank records of several million customers of the Royal Bank of Scotland, its subsidiary Natwest, and one other bank. "Mr. Chapman said anyone with a basic knowledge of computer software would have been able to find the data fairly simply. 'The information was in back-up CDs and in ISO files so it would have been possibly quite easy to find...,' he said."

Potentially Serious Security Flaws Found In Most Bank Websites, Including Large Bank Sites, Study Shows

More than 75 percent of the bank Web sites surveyed in a University of Michigan study had at least one design flaw that could make customers vulnerable to cyber thieves after their money or even their identity.

Potentially Serious Security Flaws Found In Most Bank Websites, Including Large Bank Sites, Study Sh

Washington, July 25: More than 75 percent of the bank Web sites surveyed in a University of Michigan study had at least one design flaw that could make customers vulnerable to cyber thieves after their money or even their identity.

Rates drive down personal, housing loans

HIGHER interest rates are continuing to weigh on the minds of potential borrowers with fewer people taking out loans.

Rates drive down personal, housing loans

HIGHER interest rates are continuing to weigh on the minds of potential borrowers with fewer people taking out loans.

12:26pm Rates drive down personal, housing loans

HIGHER interest rates are continuing to weigh on the minds of potential borrowers with fewer people taking out loans.

Barclays Bank offers customers free software & improves encryption

Barclays Bank is offering its two million online banking customers free internet security software, worth £102. The Kaspersky anti-virus, spy and adware software, plus firewalls and spam filters, can be downloaded under a two-year license, via www.barclays.co.uk, and can be used on up to three personal computers in each household. The bank is also licensing encryption technology from PGP Corporation to safeguard customers personal data

Bank account details sold on eBay for 35

Personal bank account details of up to one million Natwest and Royal Bank of Scotland (RBS) customers have been found on a computer that was sold for £35 on eBAY, the online auction site.

Bank data sold on eBay

A computer sold on the auction site for £35.88 was revealed to have information on American Express, NatWest and Royal Bank of Scotland customers – with data including names, addresses, mobile phone numbers, bank account details, mothers' maiden names and signatures.

Personal loan rates hit six-year high

Financial website, Moneyfacts.co.uk, has revealed that this month, interest rates on new personal loans have hit a six-year high.

Online bank touts 3.75% savings rate

NEW YORK (CNNMoney.com) -- New York Private Bank & Trust, the holding company of Emigrant Bancorp, Inc., unveiled a new online savings account Monday that the company claims will provide the highest interest rate in the country.

Palestinian baker makes Obama bagel for candidate visit to West Bank

RAMALLAH, West Bank - Palestinian baker Nasir Abdul Hadi is so grateful Barack Obama is making time to visit the West Bank that he has named a bagel after him.

Personal financial interest behind Chrétien attack on PM's China policy, Kenney says

OTTAWA — Former prime minister Jean Chrétien's criticism of Canada's current China policy reflects his personal financial interest in clients who do business there, not Canada's interest, Conservative cabinet minister Jason Kenney says.

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