Loan Archives - Page 2 of 2 - Global Banking Monitor

Nigeria Slashes Merchant Banks’ Cash Reserve by 70% to Foster Loan Growth

Nigeria’s central bank slashed the mandatory cash reserve requirement for merchant banks by 70% to increase their liquidity and ability to extend loans to...

Low Unemployment Rate Supports Australian Banks in Home Loan Market

The CEOs of Australia's two biggest banks said on Thursday a tight labour market was keeping late home loan repayments below historic levels even...

CEO of Major Colombian Bank Highlights Better-Than-Expected Loan Growth

Colombian mortgage and commercial lending are unexpectedly resilient after the central bank’s steepest-ever series of interest rate rises, according to the head of the...

Kazakh Banks Succeed in Preventing Loan Rate Reduction

A major Kazakh financial lobby group thwarted an effort to set a much lower cap on unsecured loans popular with the vast majority of...

Surplus Deposits in Singapore Banks Lead to DBS Extending S$30 Billion Loan to MAS

Singapore banks are flushed with deposits with few options to deploy them amid a tepid lending environment. The city-state’s central bank is one avenue. The...

International Banks Extend $500 Million Commercial Loan to Kenya

Following the World Bank's approval of a $1 billion loan for the faltering economy, Kenya has obtained a commercial loan from a syndicate of...

JPMorgan President Sounds Alarm on Decreasing Loan Demand and Impact of US Economic Slowdown

JPMorgan Chase & Co (NYSE:JPM)'s President and Chief Operating Officer Daniel Pinto said loan demand is declining at a time when regional and small...

World Bank approves $1 billion loan for Kenya’s development projects

The World Bank said on Tuesday it approved a $1 billion loan to Kenya to support its budget as East Africa's economic powerhouse confronts...

ADB Grants $350 Million Loan to Assist Sri Lanka’s Economic Stabilization Efforts

The Asian Development Bank (ADB) on Monday said it has approved a $350 million special policy-based loan to provide budget support to Sri Lanka...

Significant Surge: Canada’s Big Banks Experience 13-Fold Increase in Loan Loss Provisions

Canada’s big five banks this week collectively set aside the most money for loan losses since 2020, as concerns about an economic slowdown and...

Gen Z’s Impending ‘Student Loan Cliff’ Could Have Major Repercussions for the American Economy, Experts Say

Millions of Gen Z grads have never had to pay their monthly student loan bill, considering that federal payments have been paused for more...

Mortgage and car loan seekers face challenges from high interest rates

The banking crisis that erupted earlier this month elicited some predictions of a halt in interest rate hikes, since previous borrowing cost increases garnered...

State Bank of Pakistan may increase interest rate to access IMF loan programme

The State Bank of Pakistan (SBP) is likely to raise the interest rate by 2 per cent at the ensuing meeting of the Monetary...

European loan markets aim to revive sales of risky debt

European credit markets are testing the waters for sales of risky debt after the collapse of Silicon Valley Bank and the rescue merger between...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

Tag: Loan