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

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 […]

Bank loan

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. […]

Bank loan

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 […]

Bank loan

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 […]

Bank loan

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 […]

Bank loan

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. […]

Bank loan

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 […]

Bank loan

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 […]

Bank loan

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 […]

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 … | 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

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

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 service

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 […]

Bank loan

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 […]

Bank security

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 […]

Bank loan

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 […]

Bank loan

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 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 loan

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 […]

Bank insurance

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 […]

Bank loan

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 […]

Bank loan

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 […]

Bank insurance

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 […]

Bank loan

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 […]