Posts Tagged ‘ Paranoid About Lending ’

ADB chief sees no reason for banks’ lending paranoia

February 14, 2009

Asian banks have no reason to be “paranoid” about lending as governments’ economic stimulus efforts will ease the financial crisis, the Asian Development Bank’s managing director said. “It is very important to see credit flowing again,” Rajat Nag said in a Bloomberg Television interview Friday. “All our conversations with the financial sector people are to [...]

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Vietnam, Cuba foreign ministries to bolster ties

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Vietnam’s top diplomat has affirmed that the Foreign Ministry will closely cooperate with its Cuban counterpart to implement the agreements reached by the two...