Posts in

Archives


Download logo The African Development Bank (www.AfDB.org) has awarded two research grants that will improve African women’s access to a range of digital financial services, including credit and microinsurance. The $ 1 million and $ 300,000 grants, respectively, will be made to two financial technology companies, Pula Advisors Kenya Ltd., through the Africa Digital Financial …

These are not lifelong loans, but loans that you can take out two to three times a year subjectsPaysense Aaron Lewis from Mumbai wanted to go on vacation to Europe with his parents, but was too short by Rs 1 lakh. Lewis came across an online ad from PaySense, a Mumbai-based fintech start-up that operates …

New Delhi: The Supreme Court ruled Friday that banks should not take coercive action against drought-hit farmers in Tamil Nadu who may have defaulted on small loans. “No coercive action should be taken by any agency by abandoning the legal process,” noted a bank led by Judge Dipak Misra. It was also noted that dealing …

LONDON (Reuters) – British Airways owner IAG said Monday it had total liquidity of $ 2.45 billion. IAG said it continues to investigate other debt options to improve its finances that have been battered by the pandemic. The group will publish quarterly results on Friday, from which analysts expect a loss of 1.25 billion euros …

While planning a loan program of up to $ 1 billion for financially weak sports departments during the coronavirus pandemic, the Pac-12 built the ramp for its college football season. It remains to be seen whether the conference will use them (or even end the season). However, the mere fact that it is designed and …

SAN FRANCISCO, 9 Dec 2020 / PRNewswire / – MeasureOne today released its Private Student Loan Report, an industry-leading research report that leverages MeasureOne’s bespoke analytics services. This 15th edition of the report reaffirms that students and families continue to responsibly use private student loans to cover university costs. The vast majority of private student …

By Vince Sullivan (Feb. 23, 2021, 8:46 p.m. EST) – Attorneys for Texas power plant owner Frontera Holdings LLC said last week’s crippling winter weather forced it to shut down its facilities for nine days and the resulting loss of revenue soared Needs an additional $ 40 million to fund Chapter 11 During a virtual …

Financial services updates Log in to myFT Daily Digest to be the first to know about financial services news. Of all the sectors that weathered the 2008 financial crisis relatively unscathed, few surprised more people than the auto loan industry. Back then, there was widespread expectation that the wave of bankruptcies in the mortgage market …

LAFAYETTE, Ind., September 29, 2020 (GLOBE NEWSWIRE) – Wabash National Corporation (NYSE: WNC) today announced the completion of a new term loan due in September 2027, a Libor floor of 75 basis points and no restrictive financial covenants . The company intends to use the proceeds of the new loan to repay its existing fixed-term …

SAN MATEO, California – (BUSINESS WIRE) – Upstart (NASDAQ: UPST), a leading artificial intelligence (AI) lending platform, announced today that KEMBA Financial Credit Union, the Columbus, Ohio-based credit union, has expanded its personal loan program with Upstart to include its community better support. In order to strengthen its digital offerings and to help more members …