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“Whether or not this is enough to jumpstart loan ... Malaysia’s financial market competitiveness amid regional easing trends. “By utilising an SRR cut instead of an OPR reduction, Bank ...
These guarantees were previously not counted as part of the national debt, but they are becoming an issue because default on the guaranteed loans will pass the repayment obligation to the government.
Malaysia’s central bank said it has the policy room to act as it expects economic growth to fall below the official forecast ...
Thousands of small businesses across Lagos are set to gain access to affordable financing, as Sterling Bank throws its weight behind a new credit scheme that removes the usual roadblocks to growth.
KUALA LUMPUR: The 100-basis point cut in the Statutory Reserve Requirement (SRR) ratio by Bank Negara Malaysia (BNM) last Thursday is intended to give the Monetary Policy Committee some breathing ...
This comes amid repeated denials from the Nigerian Education Loan Fund ... That’s N54bn disbursed already in the space of about 11 and a half months. It’s in the Central Bank of Nigeria.” ...
The latest action in the counter is being seen after the bank made loans linked to the benchmark cheaper by slashing the marginal cost of funds-based lending rate (MCLR) by 10 basis points (0.10 ...
To date, the branch has disbursed Tk 3,100 crore in loans, of which around Tk 2,750 crore have turned sour. Officials of the bank also divulged some information about the acquisition plan ...
KCB advanced Sh53.2 billion in 2024 to different customers undertaking diverse projects, up from Sh22.1 billion in 2023. [File, Standard] KCB Group more than doubled green loans disbursed in 2024 ...
(Bernama pic) Penang police have busted a loan shark syndicate based in the state, having arrested four local men who are believed to be running unlicensed money lending schemes. State police ...
Bank loans to the private sector increased by 15% year-on-year (YoY) to SAR 2.98 trillion for the same month, data showed. Meanwhile, loans granted to non-financial government institutions jumped 38% ...
The decision comes after New Delhi had asked the IMF to review its loans to Pakistan citing its continued support for cross border terrorism against India The Pakistan government on Friday said ...
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