loans

ADB Announces New Programme to Fight Climate Change

The Asian Development Bank (ADB) on Tuesday announced the Innovative Finance Facility for Climate in Asia and the Pacific (IF-CAP),…

3 years ago

Mortgage News: Interest rates are on the rise!

Mortgage interest rates are rapidly rising, which is affecting loan demand, particularly refinances. Total mortgage application volume fell 8.1 %…

4 years ago

Decline and near fall of Italy’s Monte dei Paschi, the world’s oldest bank

A deal for the Italian government to sell Monte dei Paschi (BMPS.MI) to UniCredit (CRDI.MI)collapsed on Sunday after the two…

4 years ago

Stop funding coal abroad, NGO group tells top investor Bank of China

Bank of China (BoC) (601988.SS), a top global investor in coal- power plants, must end the financing of such projects outside…

4 years ago

South Korea’s youth debt binge shows no sign of slowing as rate hike looms

When South Korea announced new lending curbs last month, Joe Park, a 34-year-old grocery chain purchasing manager, scrambled to borrow…

4 years ago

Singapore’s DBS bets on post-pandemic recovery, profit up on lower credit costs

Singapore's DBS Group Holdings (DBSM.SI) flagged strong loan growth and lower credit costs ahead after a rebound in its mainstay…

4 years ago

Euro zone banks see small tightening of credit standards in Q3

Euro zone banks expect corporate loan demand to surge in the third quarter and see just a moderate tightening of…

4 years ago

JPMorgan profit soars on recovery but questions linger over lending outlook, competition

JPMorgan Chase & Co (JPM.N) second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on…

4 years ago

Empathy bootcamp? UK banks seek payback on $105 bln COVID loans

As payback time approaches for more than 75 billion pounds ($104 billion) of emergency state-backed loans, Britain's banks must tread…

4 years ago

U.S. business borrowings jump 20% in May – ELFA survey

U.S. companies borrowed $8.1 billion for capital investments in May, 20% higher than last year, the Equipment Leasing and Finance…

4 years ago