IF Insights: First Republic Bank’s downfall & American banking’s ‘Big Bond Holdings’ problem
On May 1, 2023, JPMorgan took over the First Republic Bank’s administration...
Tag : loan
Start-up of the Week: With its motto of ‘Invest in Equality’, CNote revolutionises the FinTech game
CNote’s loan funds provide the customers with access to flexible tranched capital, thus enabling these individuals to avoid paying interest on idle funds...
Banking Desert: All you need to know
by WebAdmin
There are 1,214 banking deserts in the US, the bulk of which are found in sparsely populated locations...
Kenya seeks IMF loan worth $2.3 bn to stabilise rising debt
The 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...
Argentina to request IMF for an extended fund facility
This will allow the country to develop a host of economic reforms and delay repayment of loan worth $44 billion...
Profuturo firms up the Mexican funds market
The company is recognised for having a solid operational structure and corporate governance to implement best practices...
Egypt signs $2 bn loan with regional and international banks
Emirates NBD Capital and First Abu Dhabi Bank are the joint coordinators and lead managers of the deal...
Co-op Bank restructures loans worth Sh39.2 bn to support distressed clients
The revenue streams of several businesses have been severely impacted by the protracted pandemic...