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 […]
Tag: long term
Trump an outcast? A large bank loan suggests not
A pedestrian walks past security barricades in front of Trump Tower in New York City. Donald Trump’s company secured a loan for his Trump Tower in New York despite banks cutting ties with it a year ago, the latest of several financial wins for the ex-president suggesting he could counter a trade backlash following the […]
Trump an outcast? New $100m bank loan suggests not
NEW YORK (AP) — A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president may survive fraud investigations and a business backlash over to his efforts to stay in power after losing the 2020 elections. San Diego-based Axos Bank finalized the loan with the Trump Organization on Feb. […]
Guggenheim first quarter 2022 high yield and bank loan
NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) — Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today released its outlook for high yield and bank lending for the first quarter 2022. Titled “Credit Yields in the Next Fed Hike Cycle,” the report explores the outlook for credit as the Federal […]
Guggenheim First Quarter 2022 High Yield and Bank Lending Outlook: Credit Returns in the Coming… | Business
NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) — Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today released its outlook for high yield and bank lending for the first quarter 2022. Titled “Credit Yields in the Next Fed Hike Cycle,” the report explores the outlook for credit as the Federal […]
Guggenheim First Quarter 2022 High Yield and Bank Lending Outlook: Credit Returns in the Coming… | News
NEW YORK, March 04, 2022 (GLOBE NEWSWIRE) — Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today released its outlook for high yield and bank lending for the first quarter 2022. Titled “Credit Yields in the Next Fed Hike Cycle,” the report explores the outlook for credit as the Federal […]
South Africa: R11 billion World Bank loan above board, says Godongwana
According to Finance Minister Enoch Godongwana, the recent World Bank loan of R11 billion to South Africa is an exceptional credit facility on favorable terms. The Minister and the National Treasury, led by Director General, Dondo Mogajane, gave the assurance during a detailed presentation on the loan to the Parliament’s Standing Finance Committee on Tuesday. […]
Black Sea Bank loan to support Energean’s Epsilon field at Prinos in Greece
The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to €90.5 million to Energean Oil and Gas, the Greek oil and gas producer said on January 4. According to Energean, the proceeds will finance Energean’s capital plans – including the development of the Epsilon and Prinos fields – and will […]
PH secures new $ 600 million loan from the World Bank – Manila Bulletin
The World Bank has approved a new $ 600 million loan that aims to support the Philippines’ economic recovery from the coronavirus pandemic. In a statement, the Washington-based multilateral institution said it had approved funding for the government’s reform program to position the country for a more competitive and resilient economic recovery. The sub-program’s Development […]
Getting a bank loan – BusinessWorld Online
AS A banker and advocate for SMEs, I am always asked how to secure a bank loan. For an entrepreneur, bank loans represent a versatile source of financing for the business. It can be short or long term, fixed or floating, on demand or at fixed maturity, and secured or not. It can be adapted […]
Cooperative secures shing 6.3 billion EU bank loan for SME lending
Companies Cooperative secures shing 6.3 billion EU bank loan for SME lending Thursday, November 25, 2021 Gideon Muriuki, CEO of the cooperative bank. PHOTO FILE | NMG Co-operative Bank #ticker: COOP received 6.3 billion shillings (50 million euros) from the European Investment Bank for subsequent loans to small businesses to help them recover from the […]
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 […]
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 […]
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 […]
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 […]
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 […]
Rent banking service now available for tenants in crisis in four new Island communities
The service will now be available to low-income families in the regional districts of Alberni-Clayoquot, Comox, Cowichan Valley and Mount Waddington. Rent banking services will now be available across the province, including four new communities on Vancouver Island. The service, which provides interest-free loans to tenants in need so they don’t lose their homes, will […]
PHL awaiting $200m World Bank loan to fund nutrition program
PHILSTAR The World Bank is set to provide a new $200 million loan to the Philippines for nutrition programs that will reduce the undernourished population. According to a bank report, the loan was approved by Ndiame Diop, World Bank country director for Brunei, Malaysia, the Philippines and Thailand, on November 3. The World Bank said […]
Security receipts from the wrong bank to get government backing
The long-awaited ‘bad bank’ – National Asset Reconstruction Company Ltd – has moved closer to commissioning with the Union Cabinet approving a crucial proposal that requires the government to guarantee security receipts (SRs) issued by the Union. NARCL, when purchasing NPA from banks. For starters, the government could allocate 31,000 crore yen in guarantees, sources […]
CARE revises ratings of Akshar Spintex bank credit facilities
Akshar Spintex Ltd has informed that ratings have been assigned to the Company by CARE Ratings Limited for the Company’s bank loan facilities totaling Rs20.02cr. Long-term bank facilities were assigned a CARE BB + / Stable rating while short-term ratings were reaffirmed at CARE A4. According to the Rationale Report, the revision of the long-term […]
Guggenheim Third quarter 2021 High Yield and bank loan
NEW YORK, Aug.31, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for third-party bank and high-yield loans. quarter 2021. Entitled “A Look at High Yield Credit Yields,” the report explains why now is the time for investors to conduct a relative valuation […]
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 […]
Waiting, peon among banking software administrators – The New Indian Express
Express news service THIRUVANANTHAPURAM: Major flaws in the banking software used by the Karuvannur Cooperative Services Bank came to the aid of the cartel of employees who had committed fraud on loans worth Rs 300 crore over the years. Investigators suspect that the software flaws and neglect in software security were willful acts by senior […]
Transport operators claim their own bank and insurance company | Stories of lead
Operators in the public transport sector are seeking to form a credit union and also to establish an insurance company that will directly meet the needs of members. These are among several suggestions that came out of a report submitted to the Ministry of Transportation and Mines at a transportation stakeholder conference hosted by the […]
PH secures $ 400 million loan from World Bank for financial sector reforms
The $ 400 million Development Policy Loan (DPL) to the Philippines that the World Bank just approved will make the country’s financial sector resilient to shocks as the economy recovers from the pandemic-induced crisis, said the Washington-based lender. The rapid-disbursement financing of the development policy of the financial sector reform, which the Board of Directors […]
Guggenheim Second quarter 2021 High Yield and bank loan
NEW YORK, May 13, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for second-tier bank and high-yield loans. quarter 2021. Entitled “In the recovery phase of the credit cycle”, the report explains why fundamentals support a long positioning in credit-sensitive fixed income […]
USI Insurance Services acquires insurance business from Northwest Bank
A wholly owned subsidiary of Northwest Bank, Northwest Insurance Services provides property and casualty, life, disability and long-term care insurance, as well as group health, life and disability benefits. “We are very pleased to have reached a definitive agreement with USI,” said Ron Seiffert, President and CEO of Northwest Bank. “USI is a well-managed national […]
Guggenheim First quarter 2021 High Yield and bank loan
NEW YORK, February 25, 2021 (GLOBE NEWSWIRE) – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today presented its outlook for premier bank and high yield lending quarter 2021. Entitled “A Ripe Environment for Strong Credit Performance,” the report explains why we expect lower default volumes, improved rating migration and […]
Growth opportunities for today’s bancassurance business
By Marilyn Kennedy Melia The basic argument for insurance banks is this: by offering insurance products to protect their customers against risk, banks also protect their own results from the vagaries of interest rate cycles and credit risk. . In today’s stubbornly low rate environment and with rate cuts expected this year, profit margins are […]
Definition of the Bank Insurance Fund (BIF)
What is the Bank Insurance Fund (BIF) The Bank Insurance Fund (BIF) was a unit of the Federal Deposit Insurance Corporation (FDIC) that provided insurance protection to banks that were not classified as a savings and loan association. The BIF was created following the savings and credit crisis of the late 1980s. Key points to […]