UK Credit Cards

RBNZ sets 10 per cent limit on covered bond issuances
Banks will have the value of covered bonds they can issue limited to 10 per cent of their total assets, the Reserve Bank says.

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Proton seeks US$768m funding to revive Lotus
Proton Holdings Bhd is in talks with CIMB Bank and several others to secure loans and investments totalling 2.35 billion ringgit (US$768 million) needed to turn around Group Lotus.

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RBNZ sets 10 per cent limit on covered bond issuances
Banks will have the value of covered bonds they can issue limited to 10 per cent of their total assets, the Reserve Bank says.

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Fed seeks public comments on proposed credit card reforms
In what feels like never-ending regulatory fiddling with the Credit Card Accountability Responsibility and Disclosure Act of 2009, the Federal Reserve wants to know what consumers think about certain fees that lenders charge as penalties for late payments or other issues.

Read more on Washington Post

Fed seeks public comments on proposed credit card reforms
In what feels like never-ending regulatory fiddling with the Credit Card Accountability Responsibility and Disclosure Act of 2009, the Federal Reserve wants to know what consumers think about certain fees that lenders charge as penalties for late payments or other issues.

Read more on Washington Post

(AFX UK Focus) 2010-03-19 02:38 NZ credit card billings fall in February – RBNZ
WELLINGTON, March 19 (Reuters) – Credit card billings in New Zealand edged lower in February, as consumers remained cautious amid patchy economic recovery and rising unemployment. The Reserve Bank of New Zealand said on Friday total billings fell a seasonally adjusted 0.3 percent last month, compared with a 1.4 percent increase in January. Billings were 1.1 percent higher than a year earlier …

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