Lending

Receive free Chinese economy updatesWe’ll send you a myFT Daily Digest email rounding up the latest Chinese economynews every morning. China is expected to make the biggest cuts this year to two of its core lending rates as pressure…

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Involved Share on Twitter Post on LinkedIn Share on Telegram Copy link The link has been copied Geist Finance decided not to reopen it after Multichain confirmed that the funds…

comp The Cooperative Bank benefits from a loan of 14 billion shekels to lend to small businesses Friday, July 14, 2023 The Co-operative Bank CEO, Gideon Moriuki. file image | NMG The Co-operative Bank of Kenya has received…

The advent of peer-to-peer (P2P) lending platforms has caused major disruption in the lending market. These online platforms connect borrowers with lenders directly, bypassing traditional loan institutions like banks. Due to its efficiency,…

China has cut its two record lending rates for the first time in nearly a year as policymakers push forward with cautious monetary support in a bid to spur stronger growth in the country's ailing economy.The People's Bank of China…

She owns Delio, a virtual asset manager and lending platform based in South Korea announce Temporarily suspending customer withdrawals "in order to securely protect the assets of customers who are currently being held".The company made this…

(Press release - Podgorica, Montenegro, June 9, 2023) At EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced its innovative decentralized lending platform and USDE stablecoin to the industry. ERD…

Monzo hit profitability after lending volume for the period ending February 2023 swelled to £759.7m. Britain's Newbank, Monzo Bank open Made a monthly profit for the first time in 2023 after increasing lending. In its annual report for…

Bankrupt lending platform Celsius Network LLC has announced that it has selected a bid from Fahrenheit as the winning bid to bring the company out of bankruptcy, according to a report by Reuters.Celsius, which filed for Chapter 11…