Wednesday, August 5, 2020
Philippine Defense Secretary Delfin Lorenzana aims to provide an exemption to loan grants coming in from Australia. Lorenzana’s statement comes after Philippine President Rodrigo Duterte ordered a temporary loan ban for countries that voted in favor of investigating the...
The UK Government is said to hold an emergency meeting with senior financial analysts in relation to the no-deal Brexit that could affect the lending practices of banks. The emergency meeting will be held in Westminster on Sept. 5, 2019,...
The Reserve Bank of New York released on Monday a survey that showed an increase in auto loan rejection in the United States. Compared to last year’s car loan rejection, the increase was massive at 7.1 percent from 6.1% in...
The Bank of Japan reportedly experienced a massive surge in virus loans following the launch of its new lending program, with as much as five times the normal showing interest in the second lending program, reveals Bloomberg. On Wednesday, June...
Investors in British multinational investment bank Barclays are challenging the institution to cease lending to companies linked to fossil fuel, said the Independent. These pension funds, which hold ₤130 billion worth of stakes in the bank, filed the landmark...
The Asian Development Bank (ADB) approved the $400-million loan to the Philippines last Tuesday, May 26, 2020. The loan is reportedly intended to boost the capital market development in the country. According to the Manila Bulletin, the capital market development...
According to the data released by the Bureau of Treasury on Tuesday, the Philippine government’s debt has ballooned to a massive ₱8.6 trillion as of April 2020. The rise in loans comes as the country seeks to get a...
HEROES ACT, a house bill supported by both Democrats and Republicans would give new graduates a chance to postpone repaying their student debt for a year with no interest, said CNBC. Senator Mitt Romney has also put forth a...
5paisa.com, India’s only listed fintech firm, has now officially joined the peer-to-peer (P2P) lending space following the launch of its peer-to-peer lending platform. With the said product, users will be able to issue loans from INR 500-Rs 50 lakhs...
The central bank of Japan is set to pattern its own lending program after the United States Federal Reserve’s very own “Main Street” lending approach. According to Reuters, this move by the Bank of Japan aims to funnel in...

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