And commercial banks, which, unlike consumer finance companies, can raise money by offering checking account services-- which pay no interest on deposits-- fared best.
22.
YOUR-MONEY-COLUMN ( Houston ) _ Flush with cash generated by refinancing home loans and paying less interest on deposits, financial institutions are on a spending spree.
23.
China's banking sector is bracing for possible miscalculated interest on deposits and canceled savings records, the paper quoted a People's Bank of China official as saying.
24.
The bank became the first bank in Southern Oregon, and because depositors dealt in gold dust, Beekman charged a storage fee of one percent rather than pay interest on deposits.
25.
Therefore there should be strong growth in banks'most stable source of earnings, net interest income, which is the income earned from lending money after interest on deposits is paid.
26.
That would violate a law that only allows recognized financial institutions such as banks and securities companies to pay interest on deposits, said a police spokesman, speaking on condition of anonymity.
27.
Despite offering 5 % interest on deposits, it was able to deliver a 6 % dividend in 1837, in spite of paying off ?, 200 in start-up costs.
28.
The Indonesian Ulama Council also decreed that Muslims should not keep money in conventional banks after ruling that interest on deposits and bank loans was unlawful, council deputy chairman Din Syamsudin said Wednesday.
29.
In a press statement, the bank said it was increasing interest on deposits to 4.25 percent, and its overnight lending rate to banks to 6.25 percent, both as of Monday.
30.
The Bank of Norway said the rate for loans to other lending institutions would be cut to 9.5 percent from 10 percent and the interest on deposits from 8 percent to 7.5 percent.
