Monday, October 11, 2021
The Bank of Japan (BoJ) has announced that it will offer a lending facility to assist banks in combating climate change. This action is a remarkable decision that highlights central bankers' growing concerns about financial risks caused by global...
Cornerstone Home Lending, a residential mortgage lending company based in Houston, is acquiring Roscoe State Bank, situated in Texas. According to a joint statement, the proposed merger would result in a company with assets worth about $2 billion and equity...
According to a press release, Funding Circle, an online business loan provider in the U.K., will partner with Atom, a UK-based digital bank, for a lending arrangement worth £300 million or around $426 million. The announcement said that Atom has...
In a historic move, the United States Department of Agriculture (USDA) will start paying off agricultural loans given to minority farmers, reported The Washington Post. The relief is part of the pandemic relief law and will cover up the...
A partnership between the American Warrior Initiative (AWI), Fairway Wholesale Lending, and Fairway Independent Mortgage Corporation, aims to gift a service dog for a dedicated veteran. Fairway established the non-profit AWI in 2015 to support deserving veterans through local branch...
Some businesses that received their first Paycheck Protection Program (PPP) are offered safe harbor by the Internal Revenue Service (IRS) and the Treasury Department, said the Journal of Accountancy. This opportunity was opened upon the implementation of Revenue Procedure...
On March 18, 2021, LenDenClub, a peer-to-peer (P2P) lending site headquartered in Mumbai, announced that it had successfully merged with Google Pay and was now available on its system. It is the first peer-to-peer lending site to connect with...
DBS Group, a Singapore bank, announced on Friday that lending for customers who derive revenue from thermal coal will be phased out. It had pledged to have no connection to the industry by 2039. The bank's decision was influenced by...
Marijuana products producer GTEC Holdings, Ltd. repaid its six-million-dollar debt to NFS Leasing Canada Ltd., according to a press release published by Yahoo! Finance. The debts were in the form of Senior Secured Promissory Notes. The promissory notes, which were...
The United Kingdom is slated to launch a new recovery loan scheme for companies on Tuesday, April 6, 2021. The new loan scheme is backed by the government of Britain and aims to help businesses gain access to a...

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