Max’s Group Inc. announced last Tuesday, November 19, 2019, its successful loan agreement with the Development Bank of the Philippines (DBP). The total loan amount secured by MGI amounts to P2 billion, including the term loan signed by its...
The UK Government is said to hold an emergency meeting with senior financial analysts in relation to the no-deal Brexit that could affect the lending practices of banks.
The emergency meeting will be held in Westminster on Sept. 5, 2019,...
Philippine Defense Secretary Delfin Lorenzana aims to provide an exemption to loan grants coming in from Australia. Lorenzana’s statement comes after Philippine President Rodrigo Duterte ordered a temporary loan ban for countries that voted in favor of investigating the...
The Reserve Bank of New York released on Monday a survey that showed an increase in auto loan rejection in the United States.
Compared to last year’s car loan rejection, the increase was massive at 7.1 percent from 6.1% in...
HEROES ACT, a house bill supported by both Democrats and Republicans would give new graduates a chance to postpone repaying their student debt for a year with no interest, said CNBC. Senator Mitt Romney has also put forth a...
According to the data released by the Bureau of Treasury on Tuesday, the Philippine government’s debt has ballooned to a massive ₱8.6 trillion as of April 2020. The rise in loans comes as the country seeks to get a...
Days after the House passes the extension of the pandemic small business loan deadline, President Donald Trump signed the extension of the Paycheck Protection Program (PPP) into law, reports CNN. Following the extension grant, the new deadline for application...
The Asian Development Bank (ADB) approved the $400-million loan to the Philippines last Tuesday, May 26, 2020. The loan is reportedly intended to boost the capital market development in the country.
According to the Manila Bulletin, the capital market development...
Investors in British multinational investment bank Barclays are challenging the institution to cease lending to companies linked to fossil fuel, said the Independent. These pension funds, which hold ₤130 billion worth of stakes in the bank, filed the landmark...
5paisa.com, India’s only listed fintech firm, has now officially joined the peer-to-peer (P2P) lending space following the launch of its peer-to-peer lending platform. With the said product, users will be able to issue loans from INR 500-Rs 50 lakhs...
