Crypto lending unit of Genesis files for U.S. bankruptcy
Breadcrumb Trail Links PMN Technology PMN Business Article content The lending unit of crypto firm Genesis filed on Thursday for U.S. bankruptcy protection from creditors,…
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November bank lending growth slows
BANK LENDING GROWTH slowed in November amid higher borrowing costs, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.
Outstanding loans extended by universal and commercial…
FCDU loans inch down as of Sept. due to tighter lending standards
OUTSTANDING LOANS granted by the foreign currency deposit units (FCDU) of banks inched down at end-September from the quarter prior amid eased credit parameters and tightening of lending…
SEC files criminal complaint against four lending companies
THE Securities and Exchange Commission (SEC) brought four lending companies before the Department of Justice (DoJ) for criminal prosecution for operating unregistered online lending…
Goodfood Reaches Agreement with Lending Syndicate for New Credit Facilities
MONTREAL, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood” or “the Company”) (TSX: FOOD), a leading Canadian online meal solutions company, today confirmed that,…
China May Have Created Trap for Itself With African Lending
Breadcrumb Trail Links PMN Business Huge Chinese lending to Africa has created a dilemma where China will struggle to recoup its money while maintaining its image as a friend to…
FinLocker Creates Financial Fitness Apps for Family First Funding and MLB Residential…
ST. LOUIS, MO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- FinLocker has partnered with two community-focused mortgage lenders, Family First Funding and MLB Residential Lending, to create financial…
RBI increases key lending rate by 35 bps, pegs GDP growth at 6.8%
The Monetary Policy Committee (MPC) of the Reserve Bank of India on Wednesday increased the policy repo rate by 35 basis points (bps) to 6.25%, and the Standing Deposit Facility stands…
IGF surpasses half a billion of lending facilities
Independent Growth Finance (IGF), the UK’s leading independent asset-based lender, has reported significant levels of growth for the 7 months to October 2022, surpassing the milestone of…
Lending growth in October fastest in nearly 4 years
DESPITE RISING interest rates, bank lending expanded in October at the fastest pace in nearly four years, the Bangko Sentral ng Pilipinas (BSP) said.
Outstanding loans by big banks, net of…