Lending
in sentence
1319 examples of Lending in a sentence
The actors are all decent with Jose Ferrer
lending
cachet and clout as Branco.
Belatedly, the Fund acknowledged that its
lending
and policy advice had failed in Greece.
The Bank of Communications’ performance suggests that China’s
lending
boom of 2003 and 2004 could lead to another wave of defaults this year and next.
Alhough the Bank of China curtailed its
lending
growth to only 6% last year because of concerns about credit quality, many new local banks have expanded their
lending
aggressively, and could now suffer huge losses as the economy slows and firms’ solvency weakens.
The recent capital-spending boom produced a burst of speculative
lending
in 2003 and 2004 because the banking system was still state-owned and responsive to political pressure—until the government itself imposed credit controls in April 2004 to prevent a sharp upsurge in non-performing loans.
They are likely to place much greater emphasis on consumer lending, especially mortgages and credit cards.
With China’s mortgage
lending
equal to only 10% of GDP, compared to 60-70% in the Anglo-Saxon countries, there is huge opportunity for growth.
Until recently, an exchange-rate peg dominated China’s monetary policy, with interest rates unchanged for nine years until October 2004, as the government attempted to manage
lending
through administrative guidance and credit controls.
Increased emphasis on household
lending
should also create a better balance in the economy between capital spending and consumer spending than was possible during the expansion of 2002-2004.
Far too little attention has been devoted to understanding why multilateral development
lending
has so often failed, and what might be done to make it work better.
That said, there are huge infrastructure needs across developing Asia, and it is high time for China to play a greater role in international
lending
institutions.
But anyone who is even vaguely familiar with the US approach to multilateral
lending
knows that no other country has been as adept at exploiting its power and leverage for strategic gain.
With its penchant for constant experimentation and improvement, one might even hope that China will draw lessons and apply them to all of its developing-country
lending.
First, the crisis was precipitated by the peculiarities of the US real-estate market, by government incentives for increased homeownership, and in imprudent
lending
by financial institutions.
This is difficult to reconcile with
lending
to a country like Iran, which publicly executes individuals for sexual “deviance,” imprisons women who protest peacefully, and silences journalists who are critical of the regime.
But if banks are unwilling to impose negative rates on depositors, the actual and perverse consequence could be higher
lending
rates as banks attempt to maintain margins in the face of the running losses they now make on their central bank reserves.
Four years ago, it formed a partnership with the Commercial Bank of Africa to add a
lending
tool, M-Shwari, to its suite of products.
And, because money creation by central banks increases commercial banks’ reserves, there is a risk that
lending
will increase little at first, but then rapidly.
China owes most of its debt to itself, because political priorities guide
lending
as much as commercial considerations do.
In practice, it is only banks that have access to cheap borrowing, so they can reconstitute their balance sheets by borrowing cheaply and
lending
expensively.
To draw attention to the often-nefarious practices of debt collectors, Rolling Jubilee recently canceled student debt for 2,761 students of Everest College, a for-profit school whose parent company, Corinthian Colleges, is being sued by the US government for predatory
lending.
Against this background, the world has come together in the midst of the crisis to radically overhaul the framework for IMF
lending.
With our members’ support, we are implementing important reforms to our
lending
policies that will encourage countries to approach the IMF early on, before crises become severe and almost intractable.
The reform comprises three core elements:First, policy conditions associated with future IMF
lending
will be better tailored to country circumstances.
Second, for those not qualifying for the new instrument, the Fund’s workhorse
lending
facility, the Stand-By Arrangement, will be made more flexible along several dimensions.
Third, the amount of
lending
available from the IMF is being raised substantially.
Normal limits on access to IMF resources are being doubled – a development consistent with the growing consensus that the Fund’s
lending
capacity needs to be at least doubled given the severity of this crisis.
The
lending
reforms adopted this week will enable us to be even more flexible and responsive in assisting even more countries.
Still in the pipeline are initiatives to increase concessional
lending
to low-income countries hit by the crisis, to strengthen the Fund’s surveillance and early warning capacity, and to improve its governance structure in ways that recognize the larger role of emerging-market countries in the world economy.
One reason is that banks that received money in the initial rescues do not seem to have increased their lending, without which monetary and fiscal stimulus are unlikely to be effective.
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