Bank loan

World Bank loan of $750 million to SA: Madiba’s red line is crossed again

The increasingly warm relationship between South Africa and the Bretton Woods institutions (World Bank and IMF) is probably pushing Nelson Mandela to turn in his grave. The World Bank’s $750 million Development Policy Loan (DPL) to Pretoria in late January signals the red line Madiba took after becoming South Africa’s first democratically elected president in […]

Bank loan

Cocoa and plantain farmers secure N2.5 billion bank loan

Posted January 31, 2022 The Cocoa and Plantain Farmers Association of Nigeria said it secured a N2.5 billion loan for its members from a commercial bank to support their farming ventures. The national chairman of the association, Mr. Ayodele Ojo revealed this while celebrating the group’s second anniversary in Akure, the capital of Ondo State, […]

Bank loan

Full investigation announced for AIB-Ulster Bank loan deal

The Competition and Consumer Protection Commission (CCPC) will conduct a full Phase 2 investigation into whether AIB’s planned €4.2 billion deal to buy the company’s corporate and corporate loan book ‘Ulster Bank could significantly reduce competition. AIB announced an agreement with Ulster Bank and its parent company NatWest Holdings for the loan portfolio in June, […]

Bank loan

Proposed Bank Loan Deferral Approved in Bahrain

The Central Bank of Bahrain (CBB) has also been asked to encourage the government to support the proposal. Mr Al Nefaei said the aim was to enable people, businesses and the economy to recover properly from the effects of the Covid-19 pandemic which are still being felt despite positive indicators. “The deferrals have helped the […]

Bank loan

NatWest set to take 16.7% of PTSB in Ulster Bank loan sale deal

British banking giant NatWest Group is set to take a 16.7% stake in Permanent TSB (PTSB) in a deal to sell a large portion of its Ulster Bank unit’s loans and other assets to the government-controlled lender. Irish state. The figure was revealed on Friday as the two parties confirmed they had signed a binding […]

Bank loan

Who benefits from the World Bank’s $157 million loan?

Dear President David Malpass: The public would want to know why the World Bank serves as Liberia’s economic adviser and at the same time serves as Liberia’s largest creditor of money. The Bank should focus on making profits by lending money to poor countries and abandon its original 1945 vision to fight poverty, disease and […]

Bank loan

Philippines seeks $6 billion loan from central bank in 2022

(Bloomberg) – The Philippine government is seeking a 300 billion peso ($5.96 billion) loan from the central bank next year, lower than this year’s budget support, as it expects the economy to recover said Finance Secretary Carlos Dominguez. The government has also informed the Bangko Sentral ng Pilipinas that it will fully repay its interim […]

Bank loan

World Bank loan of $ 18 million to support collapse of public health sector

About $ 18 million from a World Bank loan will be allocated to the crumbling Lebanese public health sector with the aim of reducing the inflated bills of vulnerable patients, said Health Minister Firass Abiad. The National Thursday. The Lebanese Ministry of Public Health normally pays 85% of the bill for patients hospitalized without private […]

Bank loan

Guggenheim Fourth Quarter 2021 High Yield and Bank Lending Outlook: Are High Yield Markets … | Nation / World

NEW YORK, November 24, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for bank and high yield loans from the fourth quarter 2021. Entitled “Do high yield markets misjudge the risk of Evergrande?” The report explains why investors may be overly optimistic […]

Bank loan

Guggenheim Fourth Quarter 2021 High Yield and Bank Loan

NEW YORK, Nov. 24, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for bank and high yield loans from the fourth quarter 2021. Entitled “Do high yield markets misjudge the risk of Evergrande?” The report explains why investors may be overly optimistic […]

Bank loan

Guggenheim Fourth Quarter 2021 High Yield and Bank Lending Outlook: Are High Yield Markets … | New

NEW YORK, November 24, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for bank and high yield loans from the fourth quarter 2021. Entitled “Do high yield markets misjudge the risk of Evergrande?” The report explains why investors may be overly optimistic […]

Bank loan

Guggenheim Fourth Quarter 2021 High Yield and Bank Lending Outlook: Are High Yield Markets … | Business

NEW YORK, November 24, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for bank and high yield loans from the fourth quarter 2021. Entitled “Do high yield markets misjudge the risk of Evergrande?” The report explains why investors may be overly optimistic […]

Bank loan

Do high yield markets misjudge the risk of Evergrande?

We encourage investors to be aware of the technical and fundamental links between high yield credit and the challenges of the Chinese real estate market. NEW YORK, November 24, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for bank and high yield […]

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

Investigative agency arrests AgustaWestland intermediary Rajiv Saxena in bank loan fraud case

Rajiv Saxena will soon be produced in a Delhi court. (To file) New Delhi: Defendant turned approver Rajiv Saxena in the AgustaWestland helicopter scam has been arrested by the Enforcement Branch (ED) in an alleged bank loan fraud case. It will soon be produced in a Delhi court. Dubai-based businessman Saxena was extradited to India […]

Bank insurance

Bank and insurance stocks to rise amid more expectations for rate hikes

Bank and insurance stocks to rise amid rate hike expectations – Korea Times Finance 2021-08-26 17:20 Bank and insurance stocks to rise amid more expectations for rate hikes Bank of England Market interprets BOK governor’s remarks hinting at further interest rate hike By Anna J. ParkAfter the announcement by the Bank of Korea (BOK) of […]

Bank insurance

Mixed reaction to the central bank’s insurance proposal

The Central Bank’s proposal to ban home and auto insurance companies from imposing loyalty penalties on long-time customers met with a mixed response from parties lining up to have their say at the time. that the plan goes through a consultation process in the coming months. Sinn Féin finance spokesman Pearse Doherty TD, who filed […]

Bank loan

Snapshot: regulation of bank credit facilities in Malta

Regulation Capital and liquidity requirements Describe the impact of capital and liquidity requirements on the structure of bank lending facilities, including the availability of related facilities. Maltese banks are very conservative in their lending practices and in developing more sophisticated loan proposals. This conservatism has been a defining characteristic of the Maltese bank since its […]

Bank loan

Snapshot: regulation of bank credit facilities in Cyprus

Regulation Capital and liquidity requirements Describe the impact of capital and liquidity requirements on the structure of bank lending facilities, including the availability of related facilities. Cyprus has implemented the Basel III liquidity requirements with regard to the liquidity coverage ratio, as specified in Regulation (EU) 575/2013, which is directly applicable to Cyprus. Regulation (EU) […]

Bank loan

Snapshot: Regulation of bank loan facilities in the Bahamas

Regulation Equity and liquidity requirements Describe how capital and liquidity requirements affect the structure of bank loan facilities, including the availability of related facilities. Banks licensed in the Bahamas are supervised by the Central Bank of the Bahamas (the Central Bank). The Central Bank requires banks to adhere to the Basel III protocols with respect […]

Bank insurance

Representatives Approve Bill Requiring Bank, Insurance and Pension Workers to Report Assets

Leke Baiyewu, Abuja Posted June 10, 2021 The House of Representatives passed a bill on second reading to force workers in the banking, insurance and pension sectors to declare their assets. The proposed law will also prohibit staff members of banks and other financial institutions from managing accounts off the coast of Nigeria. Their spouses […]

Bank security

Get home early, avoid travel, restaurants, bars, Nigeria central bank security department writes staff about threats and insecurity

The Central Bank of Nigeria issued a security advisory with guidelines on how to protect themselves and their families following a letter to staff from the Department of Security Services. The letter with the subject “Security Advisory” written to CBN staff, dated April 28, 2021, was from the Director of the Security Services Department with […]

Bank loan

Increase in illegal real estate financed by bank loans in China worries regulators

Speculators fuel soaring house prices in major Chinese cities since last year Some speculators finance their purchases with bank loans for professional use Policymakers fear embezzlement crowds out business credit BEIJING, April 16 (Reuters) – Real estate purchases in China funded by bank loans fraudulently obtained by speculators are fueling already boiling real estate markets […]

Bank service

Reserve bank: service complaints from bank customers rise from 57 pc to over 3 lakh: RBI report

Mumbai: Consumer complaints about banking services jumped 57% to 3.08 lakh for the year through June 30, 2020, the Reserve Bank said on Monday. In its annual report on mediation programs, the central bank said more than a fifth of complaints were about services at ATMs or with debit cards, followed by mobile or electronic […]

Bank security

Central Bank of Guatemala and security chiefs arrested

Guatemala City—The heads of Guatemala’s central bank and social security administration were arrested on Wednesday for corruption, prosecutors said, the latest blow to beleaguered President Otto Perez.Julio Suarez, director of the Central Bank of Guatemala, and Juan de Dios Rodriguez, president of the Guatemalan Social Security Institute (IGSS), are accused of fraud in a $14.5 […]