Sentence examples for commitment to lend from inspiring English sources
"It's a real commitment, a commitment to lend," Mr. Chittenden said.
The firm said it was on course to surpass its commitment to lend to householders as competitors have withdrawn from the market, allowing it to increase its share.
Genuity said Deutsche Bank refused to honor a commitment to lend it an additional $127 million, and that it had sued Deutsche Bank in Federal Court in Massachusetts.
(t)Qualifying commitment to lend means a legally binding written commitment to lend that, when combined with all other outstanding loans and qualifying commitments to a borrower, was within the national bank's or savings association's lending limit when entered into, and has not been disqualified.
The British plan would provide banks with funds below market rates in exchange for collateral and a commitment to lend to businesses, Mervyn King, the governor of the Bank of England, said in a speech.
New research published this week, from the International Monetary Fund and from Standard & Poor's underlines why that will be the case.The ECB's message was delivered through its commitment to lend to banks as much as €400 billion ($540 billion) later this year at a fixed rate of just 0.25% for loans stretching until September 2018.
If the bank's merger with the Dime Savings Bank is permitted, it would create a new major financial institution in New Jersey that has made absolutely no commitment to lending in minority and low-income communities.
In a Commons statement Osborne highlighted a new gross lending target signed by the four major banks and Santander to lend £76bn this year – a £10bn, or 15%, increase in commitments to lend to small and medium sized business.
The bank, which employs 52,000 people in the UK, insisted it was on track to meet its share of the commitments to lend £44.1bn to businesses out of a total of £190bn promised by the banking industry in February.
Had the board on which I serve given weight to banks' commitments to lend money to potential purchasers, our co-op would have suffered significantly more defaults during the 1980's than we actually did.
The four top bankers appeared before MPs hours after Cable was accused by the Unite union of issuing "empty threats" to slap taxes on banks if they did not meet their commitments to lend £190bn.
