Hilaire Belloc Quotes

Increasingly, the real estate developers can't get bank loans for their project financing in China. They're now going into the Hong Kong market to raise money in the bond market at very, very high rates, as high as 15, 20 percent.

Ours is an economy that depends on the availability of credit at affordable interest rates.

PSU banks are sole lenders to capital-intensive firms.

Small business owners that are female, that is their number one problem, is access to capital.

I've nothing against Goldman Sachs. But Goldman Sachs isn't an investment bank. Goldman Sachs is a hedge fund. It's bigger than any hedge fund. It's more leveraged, to the power of three or five, than any hedge fund.

Narrow banks could restart effective intermediation and ensure that consumers and employment-creating small and medium-size enterprises are adequately financed and can contribute to the reactivation of the economy.

The business of a bank is to lend money; which amounts, nowadays, to lending credit.

Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

I would borrow money all day long, if the cost of borrowing is less than the expected return.

When credit is cheaper to use and easier to arrange, people do use more of it.

For a number of major companies, if you can't access the commercial markets, you can't fund your business. That's a big problem. You can't pay your bills.

Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.

You can make great money in a utility type of business by borrowing cheaply and lending sensibly but that's not what's being done.

Whoever owns the means of credit controls the industrial life of the nation.

Banks lend by creating credit. They create the means of payment out of nothing

A striking feature of financial service activities during the past few decades is that the financial transactions essential to the operation of the 'real' economy has become increasingly dwarfed by speculative activity.

Banks can’t put their money in the bank. They have to lend it out.

In its beginnings, the credit system sneaks in as a modest helper of accumulation and draws by invisible threads the money resources scattered all over the surface of society into the hands of individual or associated capitalists. But soon it becomes a new and formidable weapon in the competitive struggle, and finally it transforms itself into an immense social mechanism for the centralization of capitals.

Mexico has very solid financial institutions, with good levels of capitalism, but they’re not lending much.

He that trades with Money he hath borrowed at 8 or 10 per Cent cannot hold Market with him that borrows his Money at 6 or 4.

Debt is the lifeblood of finance; with the rise of the securities-and-trading portion of the [financial] industry came a rise in all kinds [of debt], both public and private.

The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization of capital from providers to users, and facilitation of payments for goods and services.

The number one priority is going to be make sure that banks lend.

There are hundreds of millions of people around the globe who could safely repay loans but nonetheless do not have access to a line of credit. Financial institutions in developing economies are broken and inefficient, and hard-working people have not been given the chance to establish a credit history.