Banking and Finance FeaturedKenya seeks IMF loan worth $2.3 bn to stabilise rising debtInternational Finance Business DeskDecember 8, 2020 by International Finance Business DeskDecember 8, 2020The country’s fiscal deficit will increase to 8.3% of GDP in the fiscal year to June 2021 from 7.4% in the current fiscal year...Read more
Economy FeaturedArgentina to request IMF for an extended fund facilityInternational Finance Business DeskNovember 12, 2020 by International Finance Business DeskNovember 12, 2020This will allow the country to develop a host of economic reforms and delay repayment of loan worth $44 billion...Read more
Featured FinanceProfuturo firms up the Mexican funds marketInternational Finance Business DeskOctober 5, 2020October 13, 2020 by International Finance Business DeskOctober 5, 2020October 13, 2020The company is recognised for having a solid operational structure and corporate governance to implement best practices...Read more
Banking and Finance FeaturedEgypt signs $2 bn loan with regional and international banksInternational Finance Business DeskSeptember 1, 2020 by International Finance Business DeskSeptember 1, 2020Emirates NBD Capital and First Abu Dhabi Bank are the joint coordinators and lead managers of the deal...Read more
Banking and Finance FeaturedCo-op Bank restructures loans worth Sh39.2 bn to support distressed clientsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020The revenue streams of several businesses have been severely impacted by the protracted pandemic...Read more
Banking and Finance FeaturedKepsa, Mastercard Foundation to loan to 400 MSMEsInternational Finance Business DeskAugust 14, 2020 by International Finance Business DeskAugust 14, 2020Both organisations have established a fund which will provide financial aid to MSMEs largely affected by the pandemic...Read more
Featured Real EstateKennedy Funding closes $3 mn loan for property development in BrazilInternational Finance Business DeskMay 15, 2020May 15, 2020 by International Finance Business DeskMay 15, 2020May 15, 2020Brazil's real estate market is well developed and has an organised property registration system...Read more
Banking FeaturedUAE, Saudi banks expect increase in loan demand in 2020International FinanceJanuary 14, 2020March 18, 2020 by International FinanceJanuary 14, 2020March 18, 2020Dubai Expo 2020, banks’ regional expansion and slowdown in property market are contributing factors to rising credit...Read more
Financeiwoca finds female applicants prompt in repaying small business loansInternational Finance DeskMarch 21, 2018February 27, 2020 by International Finance DeskMarch 21, 2018February 27, 2020A quarter of female small business owners cite the ability to access traditional funding channels as a key challenge...Read more
BankingSix things to ask when applying for a bank loanInternational FinanceDecember 20, 2017 by International FinanceDecember 20, 2017From smaller personal loans to larger business loans to major loans for property investment and development, it pays to be proactive...Read more