Loans

World Bank Loans Philippines $600 Million To Support Economy

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

1 year ago

China Keeps Benchmark Lending Rates Unchanged in July

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

2 years ago

China Mobilises Banks to Battle Widening Mortgage Boycott

Regulators call on banks to fund housing projects and help real estate developers with their funding needs in a bid…

2 years ago

US Treasury Nominee to Work on Borrowing Alternatives to China

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

2 years ago

Bond Market Volumes Drop as Asia Firms Turn to Bank Loans

Rising interest rates and Chinese property sector uncertainty have prompted Asia-Pacific companies to take out bank loans instead of bond…

2 years ago

Sri Lanka Counts on China Loan Amid IMF Talks – FT

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

2 years ago

Half of Big China Banks Cut Loans to Property Sector – Nikkei

Outstanding loans to the industry decreased at the end of 2021 from a year ago at 17 out of 32…

2 years ago

Bank’s Microloans Top 1tn Yuan – Shanghai Securities News

The lender has handled more than 6 trillion yuan of microloans for about 50 million customers, and each of the…

2 years ago

Pakistan Builds ‘Self-Reliance’ Among Poor With Loan Scheme – Dawn

Prime Minister Imran Khan said 4.5 million families could set up small businesses, construct homes, start farming and acquire technical…

2 years ago

Shimao Puts All Projects On Sale as China Property Woes Deepen

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

2 years ago