Relending

For example, the People's Bank of China, the central bank, used to conduct "relending" operations to inject funds into distressed banks to pay creditors or to write off distressed assets. ❋ Unknown (2008)

The banks are also paying the states quite minimal rates for the use of their public monies, and turning around and relending this money, leveraged many times over, to the states and their citizens at much higher rates. ❋ Unknown (2010)

Well over 95 percent of the loans are paid back into a small village "credit bank" for relending to others who wish to follow the example of the early borrowers. ❋ Unknown (2010)

They can't write off bad debt, so they keep on -- because they don't have enough capital -- so they keep on relending to bad debtors. ❋ Unknown (2009)

Only a central bank should do it with commercial banks having to borrow it for relending. ❋ Unknown (2009)

The RFC was funded by issuing government bonds (I. O.U.s or debt) and relending the proceeds. ❋ Unknown (2008)

The RFC and its agencies funded their operations by selling bonds at a modest interest to the Treasury and the public, then relending the acquired funds at a slightly higher interest. ❋ Unknown (2008)

Over the years, he and his wife have invested about $6,000 in Oiko, which they keep relending. ❋ Unknown (2008)

More important is that many businesses have themselves started relending money or borrowing for speculative purposes -- a practice that paid off handsomely in good times but is now exposing many to big losses. ❋ Unknown (2011)

In an emergency action on Nov. 30, the Federal Reserve lowered the rate on loans of dollars to the ECB and four other central banks for relending to their member banks. ❋ Unknown (2011)

The Economy Ministry wants to maintain the current relending rate of 65 percent of "Livret A" savers' deposits, Les Echos reported in its Thursday edition, without citing sources. ❋ Unknown (2010)

The company that began as a manufacturer of wind turbine blades under the name American Aerostar more than 20 years ago has a balance of just over $100,000 on an intermediary relending program (IRP) loan, a federal business loan program funneled through the city. ❋ Unknown (2009)

Frank says the money should used for "relending and no other purpose." ❋ Unknown (2008)

Ukrainian banks have borrowed billions of dollars from western lenders in recent years, relending these funds on the Ukrainian market at higher rates. ❋ Unknown (2008)