BEIJING (Reuters) – Chinese banks extended 992.7 billion yuan ($142.82 billion) in new yuan loans in July, down from June and falling short of analysts’…
Home »
Phase out Sibor in 3-4 years and replace with Sora, consultation report recommends
SINGAPORE (THE BUSINESS TIMES) – A consultation report has recommended that the Singapore Interbank Offered Rate (Sibor) be discontinued in three to four years, and…
Indonesia launches $7 billion loan guarantee scheme for 'priority' companies
JAKARTA (Reuters) – Indonesia has launched a 100 trillion rupiah ($6.92 billion) loan guarantee scheme targeting businesses in priority sectors as part of efforts to…
Alpha Bank seals deal to sell bad debt portfolio
ATHENS (Reuters) – Alpha Bank (ACBr.AT), Greece’s fourth-largest lender, has agreed to sell a portfolio of bad loans worth 1.1 billion euros to Poseidon Financial…
Loan apps in India accused of harassment during pandemic; new rules imposed
BANGALORE – Ms Chetna Kadu panics every time her phone rings. For three months now, she has been receiving calls from unknown numbers at all…