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Amlak Finance Declines After Suspending Lending (Update2)
Nov. 20 (Bloomberg) -- Amlak Finance PJSC declined 5.6 percent after the United Arab Emirates' biggest mortgage lender said it temporarily stopped granting new home loans as the global credit crisis chokes access to funding.

KEEP FOUNDATION OF ISLAMIC FINANCE INTACT, SAYS ZETI
KUALA LUMPUR, Nov 20 (Bernama) -- The foundation upon which Islamic finance has been built must constantly remain intact as it is the only key to sustain the resilience of the system in the more challenging international financial environment, Bank Negara Malaysia's governor Tan Sri Dr Zeti Akhtar Aziz said today.

PRESS: Polish debt collector Fast Finance plans Warsaw Stock Exchangemain market entry Q2 '09
WARSAW. NOVEMBER 20. INTERFAX CENTRAL EUROPE - Polish debt collector Fast Finance, which is currently listed on the New Connect small cap market, plans to enter onto the Warsaw Stock Exchange's (WSE) main market in the second quarter of 2009, the company announced Thursday.

Reliance Capital to launch Islamic finance funds in Malaysia
(RTTNews) - Anil Ambani-promoted Reliance Capital has been given approval to commence asset management operations in Malaysia, media reports said. The report said the company expects to set up Islamic finance funds in the next 6-8 months.

New Zealand's Hanover Finance Proposes Five-Year Repayment Plan
Nov. 20 (Bloomberg) -- Hanover Finance Ltd., a New Zealand lender to property developers which froze payments to investors in July, is proposing a five-year recovery plan that will allow full repayment to depositors.

G.E. Plans $2 Billion in Cuts at Finance Arm Next Year
General Electric said on Tuesday it planned to cut costs by $2 billion next year at its finance arm, GE Capital, which has dragged lower the U.S. conglomerate’s results as a result of the global credit crunch.

Finance Bill may include new moves
The Finance Bill, which gives effect to changes announced in the Budget, is due to be published this afternoon. It is expected to amend some of the measures announced in the Budget and it may also include new elements to deal with the worsening economic downturn.