BNET Business Dictionary
Business Definition for: Sovereign Loan
- a loan by a financial institution to an overseas government, usually of a developing country.
- See also Sovereign Risk
Additional Resources
- Sovereign Bancorp, Inc. Q3 FY07 Earnings Call Transcript
- Question-and-Answer SessionOperator [Operator Instructions]. Your first question comes from James Abbott with FBR Capital Markets. James Abbott - Friedman, Billings, Ramsey & Co. The auto portfolio; could you tell us, where the reserve to loan ratio stands on that particular piece of the portfolio? And then...
- Earnings calls 2007-10-18
- Sovereign Bancorp Inc Q4 2007 Earnings Call Transcript
- Earnings Call Excerpt Sovereign Bancorp Inc SOV Q4 2007 Earnings Call January 24, 2008 9:00 am ET Executives Joe Campanelli - President and Chief Executive Officer Mark R. McCollom – Chief Financial Officer Bob Rose - Head of Risk Management Analysts Gerard Cassidy - RBC Capital...
- Earnings calls 2008-01-24
- Fitch Rates SBMS VII Sovereign Bank Mortgage Loan Trust 2002-1
- Business Editors NEW YORK--BUSINESS WIRE--Dec. 26, 2002 Salomon Brothers Mortgage Securities SBMS VII, Inc. Sovereign Bank Mortgage Loan Trust, series 2002-1 $532 million residential variable-rate mortgage pass-through certificates, classes A-1 through A-4 are rated 'AAA' by Fitch Ratings. In addition, Fitch rates class B-1 ($18 million) 'AA', class...
- Research articles 2002-12-26
- Why Borrowers Pay Premiums to Larger Lenders: Empirical Evidence From Sovereign Syndicated Loans
- This paper explores empirically the motivation for such a price design on a sample of sovereign syndicated loans in the period 1990-1997. All other terms being equal (e.g. seniority), syndicated loan contracts provide larger lending compensations in percentage points to institutions funding larger amounts. There are strong evidence that a...
- White papers 2003-10-01
- Why Do Borrowers Pay a Premium to Larger Lenders in Syndicated Loans? Empirical Evidence From Sovereign Debt
- All other terms being equal (e.g. seniority), syndicated loan contracts provide larger lending compensations in percentage points to institutions funding larger amounts. This paper explores empirically the motivation for such a price design on a sample of sovereign syndicated loans in the period 1990-1997. The paper finds strong evidence that...
- White papers 2003-10-01
- Bank Loans Non-Linear Structure of Pricing: Empirical Evidence From Sovereign Debts
- The paper suggests an innovative contribution to the investigation of banking liabilities pricing contracted by sovereign agents. To address fundamental issues of banking, the study focuses on the determinants of the up-front fees (the up-front fee is a charge paid out at the signature of the loan arrangement). The investigation...
- White papers 2003-10-01
- The Syndicated Loan Market: Structure, Development and Implications
- This paper presents a historical review of the development of the market for syndicated loans, and has shown how this type of lending, which started essentially as a sovereign business in the 1970s, evolved over the 1990s to become one of the main sources of funding for corporate borrowers. The...
- White papers 2004-12-01
- SANCTITY OF SOVEREIGN LOAN CONTRACTS AND ITS ORIGINS IN ENFORCEMENT LITIGATION, THE
- "While the Costa Rican Banks make light of 'sanctity of contracts' and argue that litigation is but a theoretical right which disappears when a 'friendly' country defaults on its debt obligations, that is simply not the law."1 "Whenever a Court has felt what it believed to be the pangs of...
- Research articles 2006-03-15
- Capital Injection into Banks: Beyond the Top Guns, Others to Look At
- Prudent Speculations submits:The U.S. government's capital injection into our country's banking system via the government's purchase of preferred shares of publicly traded bank holding companies will prove to be a significant event in the historical timeline of the current financial crisis. It will mark the point at which our financial system was saved from certain self inflicted destruction by...
- External links 2008-10-14
- Lending to Women and Minorities: A Growth Market
- Leslie Cleveland started Irby's Dance Studio 19 years ago and bought the building that houses it, an old Masonic temple in South Orange, in 1995. A divorce and hard times, however, left her with big debts. She forestalled foreclosure with a 14 percent interest-only loan, but she needed to refinance...
- Research articles 2005-08-01
- BREAKFAST DEALS: China billion
- Lunch isn't just for wimps. Check out LUNCH DEALS for more wheels and deals later today. China hasn't completely turned off Australia, with rumours of China Investment Corporation buying a $1 billion convertible note in Fortescue following its investment in Goodman Group. Also, Rio Tinto's Stern Hu is expected to...
- News items 2009-08-11
- Need to know: BP biofuel plant ... Emirates profits up ... Aramark acquisition ...
- View video and Need to Know interactive heatmap Economics Quantitative easing: The Bank of England voted to increase its quantitative easing programme by £25 billion, taking it to £200 billion, and to leave interest rates unchanged at 0.5 per cent. Manufacturing output: Official figures showed that manufacturing output rose by...
- News items 2009-11-05
- Sovereign Bancorp Signs Six-Year Outsourcing Contract With ALLTEL; Bank to Convert Deposit, Loan, Mortgage, Internet-Banking Systems to ALLTEL Platforms
- Business Editors & High-Tech Writers
- Research articles 2003-01-22
- Bush's Bank Rescue Opens Door to Private Investors
- Would you invest in a bank that's partially owned by the Bush Administration? That's the question private investors worldwide will be exploring as they evaluate the impact of the federal government's decision to directly invest in the nation's largest banking concerns. In return for...
- Blog posts 2008-10-14
- Mortgages
- A list of mortgages filed with the Oklahoma County Clerk's office is published daily in The Journal Record. Information listed for each mortgage includes book and page numbers, names of the mortgagor and mortgagee, mortgage loan amount, property description, and when available the property's street address. Listings of mortgagor and...
- Research articles 1999-06-16
- ADB helps finance water infrastructure development facility in PRC.
- RDATE:07032002 MANILA, PHILIPPINES -- The Asian Development Bank ADB has approved a loan without sovereign guarantee of up to US$35 million to the China Water Utilities Group CWUG, an investment holding company to be established in Shanghai by the China Water...
- Research articles 2002-07-03
- Sun National Bank Gets Preferred Lender Status.
- By Richard Newman, The Record, Hackensack, N.J. Knight Ridder/Tribune Business News Sep. 27--Sun National Bank has joined Commerce Bank, PNC Bank, and Sovereign Bank as being among those preferred by the New Jersey Economic Development Authority. Preferred lender status...
- Research articles 2002-09-27
- Boston's Fleet Financial Group Sells its Automobile Finance Unit.(Originated from The Boston Globe)
- Jul. 3--Fleet Financial Group yesterday sold its automobile finance unit to Sovereign Bancorp of Pennsylvania for about $2 billion in cash. The Fleet unit, which has a $2 billion loan portfolio, made loans to roughly 2,000 auto dealers throughout the Northeast....
- Research articles 1997-07-03
- Are the Fed and Treasury Secretly Trying to Save the U.S. Taxpayer?
- Sean Olender submits: Suppose that the Fed and Treasury are really trying to dupe investors and speculators into sinking private money into a housing and bank bailout? That is to say, suppose the Fed and Treasury are trying to lure private investors knowing full well they will lose money...
- External links 2009-04-21
- Scan-Optics.(reports financial results for fourth quarter of 1999)(Brief Article)(Statistical Data Included)
- Scan-Optics announced it is restating its 4Q (Dec, 31) net loss to $6.4 million. It previously was stated as $2.9 million. For the full year the net loss was $8.2 million, rather than $4.7 million. Scan-Optics said it is continuing discussions with FleetBoston to remedy its...
- Research articles 2000-04-01
