BUSINESS
05/20/2009 05:12 am ET Updated May 25, 2011

US To Put Conditions On TARP Repayment

Strong banks will be allowed to repay federal bailout funds, but only if such a move passes a test to determine whether it is in the national economic interest, the Financial Times reported on Sunday, citing a senior U.S. administration official.

The report said banks that had plenty of capital and demonstrated an ability to raise fresh capital from the market should, in principle, be able to repay government funds.

Read more on Reuters