Declining used car prices could cause trouble for loans
During the time of the COVID-19 pandemic, used car prices saw an unheard-of increase...
Tag : loan
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...
Kepsa, Mastercard Foundation to loan to 400 MSMEs
Both organisations have established a fund which will provide financial aid to MSMEs largely affected by the pandemic...
Kennedy Funding closes $3 mn loan for property development in Brazil
Brazil's real estate market is well developed and has an organised property registration system...
UAE, Saudi banks expect increase in loan demand in 2020
Dubai Expo 2020, banks’ regional expansion and slowdown in property market are contributing factors to rising credit...
iwoca finds female applicants prompt in repaying small business loans
A quarter of female small business owners cite the ability to access traditional funding channels as a key challenge...