Friday, September 18, 2020
Vermont State Treasurer Beth Pearce, along with the General Assembly, Vermont League of Cities and Towns, and the Vermont Bankers Association, introduced Tuesday the Municipal Emergency Statewide Education Property Tax Borrowing Program. Under the said service, municipalities can now...
The American Federal Reserve announced its Main Street Lending Program Expansion on Monday, June 8, 2020. Terms of the program now seek to encompass lower minimum amounts as well as extended loan terms, notes Yahoo! Finance. Under the said lending...
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...
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...
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...
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...
According to the latest survey by the Federal Reserve, most U.S. banks are tightening their standards on every loan category as the country prepares for an economic hit amid pandemic. Due to the ongoing pandemic, banks are monitoring the behavior...
The Facebook-owned messaging application WhatsApp is eyeing a new loan service for India customers, as Amazon unveiled Pay Later for eligible customers in the region. According to WhatsApp’s memorandum of association (MoA) in regulatory filing for local entity last March,...
The United States Senate recently approved of the $480 billion cash influx to sustain the government, with approximately $349 billion allocated for the Paycheck Protection Program (PPP) geared towards helping small businesses. However, most of the funding has been...

RECENT POSTS