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Women’s club soccer kicks off new season

first_imgArlington Heights pitcher joins high school record books Twitter ReddIt Dylan Thomas back from injury, signs with TCU Twitter Kevin Petershttps://www.tcu360.com/author/kevin-peters/ Previous articleTCU to embark on Civil Rights journeyNext articleBoykin shines as TCU leads SFA 35-0 in home opener Kevin Peters RELATED ARTICLESMORE FROM AUTHOR + posts printTexas Christian University club sports are off to a winning start with TCU’s Women’s Club Soccer kicking off their season with a victory.The team traveled to San Marcos, Texas this past Saturday and was led by junior Brittany Webb, who scored two of the team’s four goals and who, according to team president Celeste Campbell, “never fails to perform.”Goalkeeper Claire Parker posted a shutout, leading the team to a 4-0 victory.The team is made up of 29 players. The traveling team consists of 25 players, while the other four are on the practice squad.“The team has a lot of potential and this is the best talent I’ve seen since I joined the team,” Campbell said.The team consists of five seniors, 10 juniors, five sophomores, and nine freshmen. There are 12 returners of the 29 players on the team.For the first season, the team is part of the Texas Collegiate Soccer League Premier Division. The Premier Division is made up of the anticipated best club soccer teams in the state of Texas.“It was an honor to be selected for this division, but I was nervous when I first saw the teams we would be playing,” Campbell said.The team’s next game is against Baylor University on Sept. 20.“I am particularly nervous about this game because Baylor has beaten us in the past,” Campbell said. “I think the girls are anxious to play because of the rivalry TCU now has with Baylor.”Later in the month they will face off in a non-divisional game against Tarleton State University. They finish their season with games against Texas Tech University, University of Texas-Austin, and Texas A&M University.There is a regional tournament held in November, but the location of the tournament has yet to be announced.With a good showing at the regional tournament, the team could be invited to play in the national tournament held in Arizona. Facebook Kevin Petershttps://www.tcu360.com/author/kevin-peters/ Frog Aides helps supports local businesses with on-campus ‘state fair’ event ReddItcenter_img Kevin Petershttps://www.tcu360.com/author/kevin-peters/ TCU’s home field advantage: One of the best in the Big 12 Facebook TCU places second in the National Student Advertising Competition, the highest in school history Linkedin Kevin Petershttps://www.tcu360.com/author/kevin-peters/ Linkedin Kevin Peters Kevin is a senior sports broadcasting major from Rockton, Illinois. He covers club sports for TCU360. Students debut performances of drag personas as part of unique new course Paschal Baseball sets high hopes for the season, conference playlast_img read more

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Indonesian banks have sufficient liquidity despite loan restructuring, pandemic: Economists

first_img“We believe that lower loan growth together with various relief measures introduced by the central bank should help to mitigate any potential pressure on funding and liquidity as a result of the coronavirus,” Hannify told The Jakarta Post on Monday. “We expect these ratios to continue to be maintained with a satisfactory buffer throughout 2020.”Read also: State banks say debt relief program could harm bottom lineLoan growth reached 7.95 percent year-on-year (yoy) in the first quarter, higher than the 6.08 percent recorded at the end of last year. However, no new loan demand was recorded in the period as the growth came from the disbursement of existing credit facilities, Financial Services Authority (OJK) chairman Wimboh Santoso said on Monday.The OJK and Bank Indonesia (BI) previously set a loan growth target of around 11 percent this year. The central bank recently slashed its projection to between 6 and 8 percent. The liquidity of Indonesian banks will remain in check despite economic risks brought by the COVID-19 pandemic and loan restructuring program that defers credit repayments, economists have said.Fitch Ratings director for banks Gary Hannify said Indonesia’s 12-largest banks had ample liquidity as reflected in liquidity coverage ratios of about 180 percent at the end of 2019, adding that the industry had above the 100 percent minimum liquidity requirement in recent years.The liquidity coverage ratio is the requirement in which banks must hold an amount of high-quality liquid assets that is enough to fund cash outflows for 30 days. Hannify went on to say that key sources of risk to the banks’ liquidity could stem from a greater-than-expected deterioration in asset quality or a considerable increase in restructuring that defers repayments.“Both would lower incoming cashflow,” he said. “However, loans that need and qualify for restructuring should remain a smaller proportion of the large banks’ loan books and the impact on liquidity should remain manageable for the banks.”The OJK revealed on Monday that 88 banks had provided 3.88 million debtors with credit restructuring worth Rp 336.97 trillion (US$22.57 billion), following the issuance of OJK Regulation No. 11/2020, which instructs financial institutions to provide relief for borrowers affected by the COVID-19 pandemic.Nearly 3.5 million applicants are micro, small and medium businesses (MSMEs) as the pandemic forced businesses to close amid large-scale social restrictions to curb the spread of the virus.Read also: Indonesia’s financial system at risk amid pandemic: KSSKMeanwhile, Wimboh said 7.8 million debtors might apply for credit restructuring worth Rp 1.11 quadrillion in 110 banks, adding that the banks had committed to taking part in the program.“We guarantee that the banks’ health would not be shaken because of rising NPL risks,” Wimboh told reporters, referring to non-performing loans or bad debt ratio. “We would help [banks improve their] liquidity together with Bank Indonesia and the Finance Ministry so they do not have liquidity issues.”Under Government Regulation (PP) No. 23/2020 on the national economic recovery program, which took effect on Monday, the government can place funds with certain interest rates at domestic banks, called participant banks, which provide loan restructuring and disburse additional loans to businesses to provide more liquidity to the banks.“The participant banks will later function as supporting banks to provide liquidity for [other] banks, including secondary banks [BPR] that have also provided loan restructuring and disbursed additional loans to businesses,” the PP reads.The liquidity provision will be in the form of a business-to-business scheme.BI has also lowered the reserve requirement ratio for banks that provide loans to export-import businesses, to small and medium businesses and to other prioritized sectors in a bid to provide more liquidity.BI Governor Perry Warjiyo said in April that the policy would boost banks’ liquidity by Rp 117.8 trillion.Read also: Government issues regulation on economic recovery program, focuses on SOEs, MSMEsBanks’ liquidity was deemed adequate after the central bank lowered the reserve requirement ratios, freeing up liquidity for banks to cope with the impacts of the COVID-19 pandemic, said Bank Central Asia (BCA) chief economist David Sumual.“Risks still loom for the banking industry, including higher NPL level and lower capital flows,” David told the Post.The OJK recorded an increase in NPL ratio to 2.77 percent during the first quarter, still below the 3 percent threshold, versus 2.53 percent recorded in December last year.Contacted separately, Permata Bank economist Josua Pardede said falling consumer demand for credit would cause NPLs to skyrocket and pressure banks’ liquidity.“Reopening the economy would help banks thrive amid the coronavirus outbreak, but it needs thorough preparation to prevent a second wave of the crisis,” Josua said.Topics :last_img read more

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Masters 2019: Tiger Woods begins chase for fifth green jacket

first_imgTiger Woods, met with a deafening roar of approval at his first-tee introduction Thursday morning at the Masters, opened with a perfect drive to draw an even bigger response as he began the 2019 tournament on an Augusta National course, where he has thrilled fans for more than two decades.Seeking his fifth Masters title, his first since 2005, Woods teed off at 11:04 a.m. ET in a grouping with Haotong Li and Jon Rahm. Masters 2019: Gary Player, Jack Nicklaus get tournament underway “It proved to me that I could win again,” Woods said earlier in the week.That’s quite a difference from 2018, when Woods’ arrival at Augusta National was met with as much curiosity as fanfare in his return to the tournament coming off spinal fusion surgery. He finished tied for 30th last year at 6-under.This year? He clearly thinks his game is in shape to not only still compete with a young generation of golfers who weren’t around when he last one the Masters, but beat them, too, for a 15th major title that he has been waiting more than 10 years to get.”I would not have foreseen that for sure,” Woods said earlier this week. “After I won my 14th, I felt like I still had plenty of more major championships that I could win, unfortunately I just didn’t do it, I put myself there with chances on the back nine with various places, I just haven’t won. On the opening 445-yard par 4, Woods followed his drive with an iron to the middle of a receptive green on a hole that hasn’t been kind to him (he is 16-over par in his career on No. 1, known as “Tea Olive”). Woods two-putted from there for a tidy par and a steady start to the round.Playing in his second consecutive Masters after experiencing a litany of personal and physical problems, Woods arrived at the year’s first major with renewed confidence born out of his victory in the Tour Championship last fall. Related Newscenter_img “Hopefully I put myself there again.”Woods has been particularly good at Augusta National, even amid struggles elsewhere, finishing sixth in 2009, fourth in 2010, 2011 and 2013 and 17th in 2015.Woods, Li and Rahm will play together again Friday, scheduled to tee off at 1:49 p.m. before the 36-hole cut is made at the tournament’s midpoint. Updated Masters 2019 odds: Tiger Woods draws record bet among favorites as tournament tees offlast_img read more

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