Loan

Cavan Images/iStock via Getty Images Lithium Americas (NYSE:LAC) jumped 9% in after-hours trading on a report that the Biden administration is set to lend the company $2 billion for its lithium mine in Nevada. The conditional loan…

Companies Co-op Bank relaxes loan terms in deal with automaker Isuzu Wednesday March 13 2024 Some of Isuzu East Africa vehicles on display at KICC on May 5. 2023. PHOTO | KENNEDY AMUNGO | NMG Co-operative Bank of Kenya has…

Companies Banks fight bid to limit right to sell loan property Tuesday March 12 2024 Banks have opposed a petition seeking to compel them to obtain court orders before selling off any property charged as security for loans. PHOTO |…

© Reuters. DALLAS - Beneficient Company (NASDAQ: BENF), a provider of liquidity solutions for alternative assets, has announced it will finance liquidity transactions for three funds managed by ff Venture Capital. Upon completion,…

© Reuters. FILE PHOTO: A screen displays the trading information for New York Community Bancorp on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024. REUTERS/Brendan McDermid/File Photo By Niket…

© Reuters. FILE PHOTO: The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz/File Photo By David Lawder…

High interest rates and the dour commercial real estate market are weighing on the economy, and when a short-term federal loan program expires on March 11, they could weigh even heavier on regional banks. “A lot of what’s been going on…

Economy Loan defaults up 26 percent to Sh634bn Thursday January 25 2024 GRAPHIC | STANSLAUS MANTHI | NMG The stock of bad loans held by Kenyan banks grew 26 percent or Sh129.8 billion in the one year to October 2023, revealing a…

Economy Sh110bn IMF loan eases President Ruto’s Eurobond pressure Friday January 19 2024 The approval of Sh110.6 billion loan to Kenya is set to lower the heat on Eurobond repayment. The approval of Sh110.6 billion ($684.7…

A cross-party group of MPs have slammed HMRC over its tactics and approach to enforcing the Loan Charge and said it drew “frightening” parallels with the Post Office Horizon scandal. The Loan Charge was introduced to recover taxes from…