Hard Loan

Hard Loan

A loan made in a foreign currency that is stronger than the domestic currency. For example, a Turkish company may loan money to a Syrian company in euros because the euro is a stronger currency than either the Turkish lira or the Syrian pound. A hard loan carries foreign-exchange risk, but this is considered an acceptable risk compared to making the loan in a weak currency. See also: Hard currency.
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Should these worksheets or supporting documentation become lost or removed from a hard loan file, the lender will have a difficult time defending against a claim by the regulator or investor.
The project loan will be hard loan but the terms of loan were still not clear, however, it would be around 3 percent to 4 percent fixed interest rate.
We must be fully confident that additional capital for the MDBs' hard loan windows is needed and that any new resources will be managed well and used effectively," Geithner said.
We must be fully confident that additional capital for the MDBs hard loan windows are needed and that any new resources will be managed well and used effectively," Geithner said.
Many of these properties eventually find a prime lender to replace the hard loan at more competitive rates, but without the risk-tolerant lenders, the property never would have had a chance.
As per an agreement signed during Prime Minister Sheikh Hasina s visit to Russia government will give Bangladesh Tk40bn as hard loan.
Hard loan lending to the few member countries whose economies are eligible under the new criteria fell to $1.
The Planning Commission will approve two power generation projects with hard loans soon.