The World Bank said the loan also aims to protect people in the Philippines from falling into poverty following natural disasters

The one-year loan prime rate (LPR) was kept at 3.7%, and the five-year LPR was unchanged at 4.45%, in line with market expectations

Regulators call on banks to fund housing projects and help real estate developers with their funding needs in a bid to calm worries over the growing boycott of mortgage repayments

Jay Shambaugh said he would work with international financial institutions and development banks to give countries more borrowing alternatives

Rising interest rates and Chinese property sector uncertainty have prompted Asia-Pacific companies to take out bank loans instead of bond market issuances, new data show

Ranil Wickremesinghe said a Chinese loan was being finalised even as his government negotiates a multi-billion-dollar International Monetary Fund bailout

Outstanding loans to the industry decreased at the end of 2021 from a year ago at 17 out of 32 leading banks listed on the Hong Kong stock exchange

The lender has handled more than 6 trillion yuan of microloans for about 50 million customers, and each of the loans stood at more than 100,000 yuan on average

Prime Minister Imran Khan said 4.5 million families could set up small businesses, construct homes, start farming and acquire technical education with the new loans

Shimao, which defaulted on a trust loan last week, has asked agents since late December to help seek buyers for its properties