Bank loan

Lamprell Secures $ 45 Million Bank Loan to Create Jack-Up Duo | Rigzone

Construction specialist Lamprell signed a $ 45 million revolving commercial credit facility to cover the costs of building two IMI jack-up platforms. Lamprell said he secured funding for the continued construction of these two platforms earlier this month. He added that he had signed a $ 45 million revolving commercial loan facility with First Abu […]

Bank loan

Ukraine launches bank loan terrorist financing investigation after RFE / RL report

Ukrainian prosecutors opened investigation into terrorist financing after it emerged that the country’s state-owned export-import bank had loaned tens of millions of dollars to companies owned by a businessman with interest in parts of eastern Ukraine controlled by Moscow-backed separatists. The Attorney General’s Office told the Ukrainian service of RFE / RL on Oct. 27 […]

Bank loan

Flexible approach to bank loan restructuring encouraged

Lawrence Agcaoili – The Filipino Star October 25, 2021 | 00h00 MANILA, Philippines – Banks and financial institutions are urged to take a more flexible approach in restructuring loans from borrowers severely affected by the pandemic, according to Bangko Sentral ng Pilipinas. PASB Deputy Governor Chuchi Fonacier said the Monetary Board, through Resolution 1401, approved […]

Bank insurance

ABE and Misr Life Insurance cooperate to provide bancassurance services in Decent Life villages

The Agricultural Bank of Egypt (ABE) and the Misr Life Insurance Company have signed an agreement whereby the bank allows the company to market and deliver its insurance services and programs through 100 branches of the bank in the villages covered by the first phase of the presidential election. Decent Life initiative. The agreement aims […]

Bank loan

P2P lending machine fires high amid slow bank loan disbursements

It has never been better for peer-to-peer (P2P) lending platforms, which are seeing a huge increase in the number of people willing to lend or borrow money. While the slowdown in loan disbursements by banks and other institutional lenders has pushed borrowers to turn to peer-to-peer lenders, low yields on fixed income are prompting wealthy […]

Bank loan

China’s slowdown in bank lending growth could worsen on real estate restrictions

The slowdown in bank lending growth in China is likely to slow further after the slowest gain in more than 15 years in attempts to dampen the real estate market. Concerns over the repayment capacity of borrowers, especially in the real estate sector, following the debt crises of China Huarong Asset Management Co. Ltd. and […]

Bank loan

Wall St Week Ahead – Growth in regional bank lending could portend healthier supply chains

Band David Randall NEW YORK, October 15 (Reuters) – If regional banks show signs of accelerating loan growth when they report earnings in the coming week, this could signal an easing of supply chain bottlenecks that have weighed on the economic recovery. from the United States after the pandemic, according to analysts and investors. Overall, […]

Bank loan

RPT-Wall St Week Ahead-Growth in Regional Bank Lending Could Portray Healthier Supply Chains

(Rehearsal of the SCHEDULED COLUMN originally released on October 15, no change) NEW YORK, Oct. 15 (Reuters) – If regional banks show signs of accelerating lending growth when they report earnings in the coming week, it could signal an easing of chain bottlenecks. supply that weighed on the United States’ economic recovery after the pandemic, […]

Bank loan

Wall Street: Wall Street Week Ahead: Growth in regional bank lending could portend healthier supply chains

NEW YORK: If regional banks show signs of accelerating loan growth when they report earnings in the coming week, it could signal an easing of supply chain bottlenecks that have weighed on the economic recovery of the United States from the pandemic, analysts and investors said. Overall, small banks accounted for 63% of the roughly […]