Bank loan

Archdiocese of Burkina Faso Seeks Funds to Repay Bank Loan After Cathedral Renovation

He said the archdiocese was seeking help to repay the loan within the time frame of the agreement. “The Archdiocese is still counting on its sons and daughters and on the help of benefactors to repay this bank loan, and above all, before the 10 years are up,” said the Chancellor of the Archdiocese of […]

Bank loan

Lebanese parliament votes to spend World Bank loan on wheat

BEIRUT — Lebanese lawmakers voted on Tuesday to use a $150 million loan from the World Bank to pay for wheat imports into the cash-strapped country. Already in the grip of a crippling economic crisis, Lebanon is also struggling to cope with a food security crisis that has left half of its roughly 6 million […]

Bank loan

Lebanese parliament votes to spend World Bank loan on wheat | app

BEIRUT (AP) — Lebanese lawmakers voted on Tuesday to use a $150 million loan from the World Bank to pay for wheat imports into the cash-strapped country. Already in the grip of a crippling economic crisis, Lebanon is also struggling to cope with a food security crisis that has left half of its roughly 6 […]

Bank loan

8 officials out of 18 sentenced

Visakhapatnam: A CBI Special Court has convicted 18 people including 8 civil servants and 10 borrowers for defrauding Sree Anantha Grameena Bank (renamed Andhra Pragathi Grameena Bank) out of Rs 13.21 lakh. Second Additional Special Court for CBI Cases, Visakhapatnam, Venkata Ramana sentenced the accused to one to three years rigorous imprisonment and imposed a […]

Bank loan

Delhi-based chartered accountant detained over Rs 6.18 crore bank loan fraud case in Odisha

Odisha’s Economic Offenses Wing (EOW) has arrested a New Delhi-based chartered accountant for his alleged link in the fraudulent remittance of Rs. 6.18 crore loan from a nationalized Bhubaneswar-based bank five years ago year. The accused identified as Neeraj Kumar, a resident of Bindapur, Uttam Nagar, New Delhi was arrested and brought before the Metropolitan […]

Bank loan

PTSB gets green light to acquire €7.6bn Ulster Bank loan portfolio – The Irish Times

The acquisition of a €7.6 billion Ulster Bank loan portfolio by Permanent TSB (PTSB) has been approved by the Competition and Consumer Protection Commission (CCPC). Ulster Bank announced its intention to withdraw all of its banking services in the State in February 2021. PTSB reached agreement with Ulster Bank to buy the portfolio 10 months […]

Bank loan

Sri Lanka’s central bank asks bank loan borrowers to seek relief by July 31

ECONOMYNEXT – Sri Lanka’s central bank is asking borrowers of bank loans to apply for a concession program it has put in place for businesses affected by the ongoing economic crisis that have already been aggravated by the COVID-19 pandemic before July 31. The borrowers concerned must request the concession in writing or electronically no […]

Bank loan

$1 billion World Bank loan for Ayushman Bharat health infrastructure mission, government says

The World Bank has approved a $1 billion loan to support India’s flagship health infrastructure mission of Prime Minister Ayushman Bharat (PM-ABHIM), the Union Health Minister said on Tuesday, Mansukh Mandaviya, in Rajya Sabha. The loan granted on June 28, 2022 includes two complementary loans of $500 million each, namely for “Transforming India’s Public Health […]

Bank loan

CRISIL reaffirms the AA- rating of Angel One’s bank credit facilities

Angel One Limited has informed that CRISIL Ratings Limited has reaffirmed its ratings on the company’s long-term bank facilities, short-term bank facilities and commercial paper. The rating agency also upgraded the amount of the company’s bank loan and commercial paper facilities from the existing Rs 1,500 crore to Rs 4,500 crore. The rating agency reaffirmed […]

Bank security

Sources – NBC New York

A customer so enraged at bank staff at a Chase location in Manhattan that he slashed a private security guard when asked to leave has been arrested, two senior NYPD officials familiar with the incident said on Saturday. ‘affair. The guard, who was lacerated in the neck Friday at the Upper East Side branch on […]

Bank security

Chase Bank security guard stabbed by customer at New York bank

A seemingly furious customer stabbed a security guard in the neck at an Upper East Side bank on Friday morning and left him clinging to life after he was told the services he needed had to be made over the phone, police and law enforcement sources said. The uniformed private security guard was stabbed by […]

Bank loan

Unity SFB will reduce the former loan portfolio of PMC Bank

Unity Small Finance Bank plans to reduce former Punjab and Maharashtra Co-operative (PMC) Bank’s loan portfolio by around ₹800 crore even as it focuses on growing its micro-finance loan portfolio and MSMEs (micro, small and medium enterprises). Scam-hit PMC Bank loans, totaling around ₹800 crore, are now part of Unity SFB’s loan portfolio following the […]

Bank loan

US bank loan growth set to slow after blistering Q2 22

In the upcoming earnings season, U.S. banks are likely to see the strongest loan growth since the start of the pandemic, but soaring interest rates and weak economic momentum are raising concerns about the outlook for the rest of the year. “There are a lot of questions from investors about the sustainability of strong loan […]

Bank loan

One year later no bills in Karuvannur bank loan scam case, latest news, kerala news, karuvannur cpm scam

Thrissur: The police case filed in a multi-million dollar bank loan scam case at the CPM-run Karuvannur Service Cooperative Bank celebrated its first anniversary on July 14, 2022, but the investigation team did not file an indictment. The only significant development in the case is that 11 board members and six intermediaries, including employees, have […]

Bank service

Delio, launch of the first crypto-banking service in Korea

Delio (CEO James Jung), a leader in digital asset finance in Korea, launches Crypto Bank service and expands into a digital bank. Since its inception in 2018, Delio has been leading the Korean crypto financial market by offering various financial services related to digital assets, including savings and landing products. According to the Blockchain and […]

Bank security

Israel has expressed concern over escalating security in the West Bank during Biden’s trip

Who could succeed as British Prime Minister? Britain’s Boris Johnson has announced his resignation as Conservative leader, paving the way for an internal party competition to replace him and become prime minister. Although several possible successors have been suggested, there is no clear favorite. Rishi Sunak The UK’s first Hindu Chancellor of the Exchequer, who […]

Bank loan

$300m World Bank loan sought by new Marcos administrator

The headquarters of the World Bank is seen in Washington, DC on May 25, 2022. (Photo by DANIEL SLIM/AFP via Getty Images) The new administration of President Ferdinand “Bongbong” Marcos Jr. is seeking a $300 million loan from the World Bank to fund a digital transformation program. That brings the total amount of low-interest concessional […]

Bank loan

Expansion of Fellow Bank’s loan and deposit portfolio in June

FELLOW BANK PLC PRESS RELEASE 5.7.2022 To 4:30 p.m. EST In June 2022, Fellow Bank provided funding worth €25.7 million. Total loan portfolio €112.2 million and deposits totaled €223.4 million at the end of the month. Fellow Bank, which focuses on easy-to-use digital service channels, currently offers flexible financial services for SMEs and individuals, as […]

Bank security

Community bank security officer talks about fraud prevention and banking security

July 3 – Federal Trade Commission data from 2021 shows Americans lost more than $5.8 billion to various scams and fraud schemes, a 70% increase from 2020. More than 2.8 million Americans reported being scammed in 2021, but that number is likely even higher, as many scams or fraud schemes may go unreported, and only […]

Bank loan

X Factor singer forced to quit bank loan for ‘blatant weight discrimination’

Getting a loan from the bank is already a complicated business, but a Maltese woman’s attempt to do so was rendered impossible after she was turned down for being overweight. Two years after the case, former X Factor Malta singer Celine Agius took to Facebook to describe her experience. “Like many Maltese, I needed a […]

Bank loan

India secures $1.75 billion World Bank loan for health and private investment

The World Bank has approved loans totaling $1.75 billion (about Rs 13,834.54 crore) to finance Indian Prime Minister Ayushman Bharat’s program and private investments to boost economic growth. Of the total loan, USD 1 billion will go to the health sector, while the remaining USD 750 million will be in the form of a Development […]