Interest Received

Interest Received

An amount received for the use of money that is to be repaid in full at a specified time or on demand.
References in periodicals archive ?
The income of General Accident for the six months to the end of June consists of interest received on this loan.
The provision is made to accommodate Newmont Goldcorp Corporation's existing rights to maintain or increase its ownership interest in the Company to a maximum 19.95% and other expressions of interest received to participate.
Representatives of academic and business circles with great interest received the information about successful placement of the first billion dollar of Eurobonds, which reflects investors confidence in solid economic foundations of Uzbekistan and the effectiveness of the reform strategy.
He said the exact amount of the fund stood at RM202,716,775.10 as of January 14, 2019, the closing date for contributions and furthermore, interest received from fixed deposit investments amounted to RM575,342.31 up to March 31
In addition, the bank's net interest margin - the difference between the interest received from borrowers and the amount paid out on deposits - held steady at 2.93%.
The decrease in interest and fee income was mainly due to reduced interest rates this year as a result of competitive pressure and the significant decrease in monthly interest received during the period on certain supply chain financing loans related to certain customers who were facing financial difficulties.
Non-accrual interest received upon full repayment of $4.3 million of impaired loans outstanding from four borrowers boosted net interest income by $440,000 during the quarter.
plans to extend its binding open season to review shipper comments and interest received to date, as well as continue to seek commitments for the proposed Utica Marcellus Texas Pipeline (UMTP) project.
The report further elaborates the year-on-year increase in the gross income of commercial and Islamic banks in the first quarter of 2015, was due mainly to a 5.2 per cent rise in the interest received, while the interest paid dropped by 7.2 per cent, resulting in a growth of 10.9 per cent in the net interest income of commercial banks, compared with the first quarter of 2014.
The interest received by commercial banks climbed 2.2 per cent in Q4 2014, while the interest paid dropped by 4.2 per cent, accounting for a growth of 5.1 per cent in the gross income of commercial banks over Q4 2013.
He said: "We are offering Glangwesyn to the market either as a whole, or with significantly-reduced acreage with the residence, given interest received from other local landowners in acquiring additional acreage.

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