Kenya Concedes Rate Caps Slowed Lending to Private Sector

Kenya Concedes Rate Caps Slowed Lending to Private Sector

The law failed to revive lending to the private sector, after the central bank tightened lenders' compliance with laws governing provisioning for bad
See Original Article

Grow Well Lending a Hand to Gardeners

Soil! Dirt! And life grows from it. That's right! It's time to start gardening again! Grow Well Missouri has started their annual handing out of free plants
See Original Article

Chennai doctor caught in money lending racket, kin demands justice

The arrest of the money lender Kamaraj by the Chennai police has blown the lid off a money lending racket that Sudheer found himself trapped in.
See Original Article

Port Allen lending firm files for bankruptcy

West Baton Rouge Credit Inc., a Port Allen-based lending agency, has filed for Chapter 11 bankruptcy. The company owes as much as $6 million to 20
See Original Article

Credy looks to digitize personal lending in India

Lending platform Credy is looking to change the way people gain access to personal loans in India. The company, which is currently a part of Y
See Original Article

Small Biz lending approval rates surge at big banks, institutional investors: Biz2Credit Small …

Small banks and institutional investors also experienced an uptick in their loan approval rates in an overall favorable month for small business lending
See Original Article

Coach credit unions on positives of indirect lending

“There used to be this adversarial relationship” because credit unions encouraged direct lending to consumers, he said, which deprived dealerships of
See Original Article

Monitoring key as risk creeps into managers' direct lending strategies

Increasingly complex models of unitranche loan agreements are being brought to market by managers offering direct lending products, a research
See Original Article

Butterfield raises lending rates

Butterfield Bank will increase its lending rates by quarter of a percentage point after the US central bank raised its key benchmark interest rate today.
See Original Article

Equity release lending kicks off 2017 with 70% growth

As long as the equity release industry doesn't rest on its laurels… we could see 2017 eclipse last year's impressive growth. In the first two months of
See Original Article

Land Bank eyes add'l lending centers in Davao Region | SunStar

THE Land Bank of the Philippines (LBP) is eyeing to put up lending centers in each province in Davao Region in a bid to reach out to more clients in
See Original Article

Divaris Manages Norfolk's Town Point Center

NORFOLK, VIRGINIA: Gerald S. Divaris, chairman and CEO of Divaris Real Estate, Inc. (DRE), announced that CIG Town Point Center, LLC has hired
See Original Article

US Bancorp (USB) Raises Prime Lending Rate to 4%

U.S. Bancorp (NYSE: USB) announced it has raised its prime lending rate to 4.00 percent from 3.75 percent, effective tomorrow, March 16, 2017, at all
See Original Article

NovaStar joins other lenders in settling pension fund case for $165M

NovaStar Mortgage Inc., a wholly owned subsidiary of Kansas City-based Novation Cos. Inc., was one of four financial services companies agreeing to
See Original Article

D+H unveils digital small biz lending tech

DH Corporation (TSX: DH) (“D+H”), a leading provider of technology solutions to financial institutions globally, today launched Total Lending™ Small
See Original Article

Man accuses Citimortgage of predatory lending practices

The defendants have engaged in a pattern of predatory lending practices to induce homeowners into inflated loans that exceed the value of their
See Original Article

Fed Raises Benchmark Lending Rate a Quarter Point

The Federal Reserve raised its benchmark lending rate a quarter point and continued to project two more increases this year, signaling more vigilance
See Original Article

Breaking Banks

For this episode, Breaking Banks talked to Brock Blake, CEO of Lendio about their new “franchising” model to expand their reach in the US. The also
See Original Article

IN MY VIEW: Lending a hand

The 1940 presidential campaign between President Franklin D. Roosevelt and the Republican candidate, Wendell L. Willkie, was hard-fought and
See Original Article

Voices How RIAs can compete in the lending game

To keep brokers from leaving, some wirehouse managers are asserting that they won't have access to these lending products and rates as an
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.