East West Commercial Real Estate

Vietnam GDP growth quickens on bank lending
Vietnam’s economic growth accelerated in the second quarter as revived bank lending helped boost manufacturing and consumer spending.

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Commercial Mortgage Borrowers Fail to Retire Debts Even as Lending Rises
More than half of commercial mortgages bundled and sold as bonds have been unable to pay off maturing debt this year even as the availability of financing increases, according to Bank of America Corp.

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Beijing’s ICBC to enter U.S. real estate lending
Industrial & Commercial Bank of China is plans to offer loans of more than $100 million to commercial clients, according to a published report.

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Currency Buying Rate Selling Rate
Bahrain Dinar 301.08 Kuwait Dinar 390.65 Oman Rial 294.89 Qatar Riyal 31.18 Saudi Arabia Riyal 30.26 UAE Dirham 30.90 (3) The Average Weighted Prime Lending Rate (AWPLR) and the Lowest Prime Rate (LPR) during the week ended 24th June, 2010 by all commercial banks was 10.38 percent and 9.00 percent respectively. (4) The Average Weighted Deposit Rate (AWDR) of commercial banks, for the month of …

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