Sentence examples for commitments to lend from inspiring English sources
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.
The ECB has already implemented six new long-term financing operations, in which banks are required to sign up to commitments to lend more.
As banks discuss walking away from their commitments to lend to TXU and pay the deal's breakup fee instead, I am reminded of the failure of the UAL buyout just prior to the 1987 crash.
The firm said it was on course to surpass its commitment to lend to householders as competitors have withdrawn from the market, allowing it to increase its share.
(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.
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.
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.
