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...
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...
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...
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...
On Sunday, June 27, 2021, HSBC stated that they are pledging $5 billion in financing to "outstanding" firms in the United Arab Emirates to assist fuel the Gulf country's growth goals.
The UAE's economy struggled in 2020 when important industries...
On Thursday, Taiwan's Cabinet said that the government decided to give another T$150 billion in loans. This move is part of a plan to urge businesses to continue making investments domestically.
After seeing corporations rush to return to Taiwan amid...
The Pandemic Response Accountability Committee (PRAC) reported that the government of the United States has forgiven a total of $394.6 billion of loans through the Paycheck Protection Program (PPP) loans, said NBC News. The data was released on Wednesday,...
After announcing a rise in residential and commercial lending in the third quarter as COVID-19 limitations loosened, British bank Virgin Money upped its profitability projection on July 27, 2021.
The business also waived 19 million pounds allotted for probable credit...
Globant, an IT and software development service provider, recently revealed the opening of their Digital Lending Studio, which will assist lenders in reinventing the client lending experience.
By implementing digitization in the process of lending, the studio will also help...
The Scottish Illegal Money Lending Unit (SIMLU) has set up a new tailored advice website to assist Scottish people having a hard time dealing with loan sharks.
The SIMLU has also extended its community-based organizations' network that supports residents in...
