Loans

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before…

Investment firm Centum has restructured a N3.1 billion dual currency loan from Standard Bank of South Africa into a shell facility, allowing the company to avoid exchange rate risk on the facility in the event of future weakness of the…

Big bank employees took out new loans at a faster rate than managers and other borrowers in the first half of the year to June 2024, as friendly borrowing rates protected them from the highest market rates in 18 years, an analysis showed.…

the Lava Loans Protocol (Version 2) It is a scheme designed by Lava based on confidential ledger contracts (DLCs) to facilitate a trustless Bitcoin-backed lending system. The massive market crash in the last cycle caused by centralized…

The Australian Prudential Regulation Authority (APRA) is the prudential regulator for the Australian financial services industry. The macroprudential policy settings will be maintained as they are following the latest quarterly…

The value of non-performing mortgage loans in Kenya reached a record high of Sh40 billion in December 2023 on the back of high interest rates and tough economic conditions faced by borrowers. The value of non-performing loans (NPLs) by…

Kenya's manufacturing sector has been the hardest hit by the slowdown in private sector credit caused by higher commercial bank lending rates and rising non-performing loans. Total credit to the sector declined by Sh38.8 billion to…

Wells Fargo Q2 Earnings: Net Interest Margin Declines, Average Loans Declines, Stocks DropWells Fargo & Co. WFC (NYSE:WFC) reported net income of $4.91 billion, down 1% year over year in Q2 2024.The company Reported GAAP earnings per…

More farmers are turning to informal groups, buyers of their produce, and the Hustler Fund for loans to invest in their projects, amid rising interest rates on bank loans. In just two months through May, the number of farmers borrowing…

The decentralized finance (DeFi) scene has been on the rise recently, with the total value locked (TVL) in DeFi loans reaching $11 billion, the highest level in two years. This explosive growth has been driven by…