Lending

Companies Absa profit jumps 15 percent on lending Friday November 24 2023 Absa bank on Muindi Mbingu Street in Nairobi. FILE PHOTO | LUCY WANJIRU | NMG Absa Bank Kenya reported a 14.8 percent growth in net profit in the nine…

The higher cost of borrowing is weighing heavily on bank lending in a sign that the UK economy may be facing a recession due to the Bank of England’s interest rate hikes. Both mortgage lending and consumer lending dropped in September…

Companies Absa eyes Sh120 billion green lending portfolio Friday October 27 2023 From left: United Nation Global Compact Kenya Chairman Martin Ochieng, Absa Bank Kenya Chairman Charles Muchene, Managing Director Abdi Mohammed, Non…

emyu/iStock Editorial via Getty Images U.S. Bancorp (NYSE:USB) launched a multi-channel point-of-sale lending solution so that businesses can offer customers new ways to pay over time with loan options available during the checkout…

Proptech is a transformational force born of the union of technology and lending. This dynamic business is redefining how we purchase, sell, and finance real estate by providing unparalleled convenience, transparency, and efficiency.…

More than nine months after regulatory turmoil in the United States undermined the future of Binance's stablecoin, the exchange has decided to withdraw from its lending completely. According to an official statement released this week,…

Coinbase, the leading digital currency exchange, has rolled out lending services to its prime institutional investors. The organization suggests that the lending feature promotes the crypto market’s development after some…

Crypto giant Coinbase seems to be strategically steering its ship amid constant crypto industry turbulence in 2023. The company recently unveiled its lending platform for institutional investors, aiming to fill the void left behind by major…

Receive free Eurozone economy updatesWe’ll send you a myFT Daily Digest email rounding up the latest Eurozone economynews every morning. Eurozone money supply has shrunk for the first time since 2010 as private sector lending stalls…

© Reuters. FILE PHOTO: Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC), in Beijing, China September 30, 2022. REUTERS/Tingshu Wang/File Photo…