The volume of home mortgage loans made out by commercial banks is falling at a rapid rate after the government's measure to keep the housing marketing from overheating on August 2. According to figures made public by the nation's top-five banks including Kookmin, Shinhan, Woori, KEB Hana, and Nonghyup on August 21, the balance of home mortgage loans as of August 18 was 368,370.2 billion won, up by 1,834.3 billion won from the end of July (366,535.9 billion won). In monthly rate, this is up ...

Enabling Jerusalem-based Ogen to grant government-backed loans will enable financial assistance characterized by a higher level of risk than the traditional banking system is willing to accept.

The propensity to steal and misuse public cash is confounding.

Hong Kong lawmakers on Friday rejected a proposal by four international schools seeking a total of HK$1.4 billion (US$180 million) in interest-free loans for campus development as they face financial pressure during the coronavirus pandemic.This came as Harrow International School Hong Kong announced this week it would offer a 20 per cent reduction of the summer term tuition fees to parents, following an earlier petition demanding a fee cut of up to 25 per cent.The proposal, which was tabled by…

Loan agreements outline the terms of an agreement for a loan. This document dated 6 May 2020 is provided for the ADB project 54183-001 in Bhutan.

The Government of Palau will draw down on a $15 million policy-based loan from ADB's Disaster Resilience Program to help finance the country’s response to the novel coronavirus disease (COVID-19) pandemic.

ADB has approved a $177 million loan to India to upgrade 450 kilometers (km) of state highways and major district roads in Maharashtra State.

ADB today approved a $200 million loan to support the Philippine government’s effort to provide emergency cash subsidies to vulnerable households amid the novel coronavirus disease (COVID-19) pandemic.

ADB has approved a $346 million loan to India to help provide efficient and reliable power connection to rural agriculture customers in the state of Maharashtra.

ADB and the Government of Mongolia today signed $40 million in loans and a $2 million Japan Fund for Poverty Reduction grant to support the modernization of government-owned irrigation networks and vegetable production in Mongolia.

ADB today signed a $60 million loan deal (in Chinese Yuan equivalent) with Maxwealth Financial Leasing Co., Ltd. to improve municipal and industrial wastewater treatment capacity and standards in the People’s Republic of China...

Welcoming the 0.25% rate cut by two of the biggest home loan financiers SBI and HDFC, realty sector participants today said the move will help revive interest in the gloomy market. “This is a positive move to boost property sales and spur industry growth. Home buyers who were earlier waiting for rates to come down will now certainly look at buying their dream homes,” industry body Confederation of Real Estate Developers Association of India (Credai) Chairman Lalit Kumar Jain said. “The home loan rate cuts from certain banks have occurred after nearly a year, and will augur well for investment sentiments in the market,” property consultant CBRE South Asia’s Chairman […]

Hopes of a minor fall in interest rates, especially on home loans, were dashed last week after the RBI hiked its key rates in its policy review. Home loan borrowers, especially those crushed by a heavy EMI, have been looking at the RBI for some solace for a while now. Generally, borrowers can do very little other than prepaying a part of the loan (if they have surplus cash) to reduce the interest burden or increasing the EMI (if they can afford it) to reduce the tenure and therefore, the overall interest paid. However, some experts believe home loan seekers and existing borrowers looking to switch lenders can consider experimenting […]

Some financial institutions are now offering special home loan rates for women. A look at this trend… Since late 2013, several home financiers like State Bank of India and LIC Housing Finance have promoted time-bound schemes to lure the woman borrower with discounted loan rates for home purchases. Some shaved off 5 basis points or 0.05% from their rates to woo India’s women borrowers. And now, Tata Capital Housing Finance (TCHF) has joined the ranks with its discount scheme, which offers them home loans of up to `40,00,000 at a discounted rate of 10.15 per cent vis-a-vis its present rate of 10.50 per cent for male borrowers. If you intend […]

Approved project 45009-003 in Mongolia.

Banking integration lowers bank default risk in recipient countries.

Banking integration lowers bank default risk in recipient countries.

A group of Republican lawmakers from energy-producing states on Friday called on President Donald Trump to prevent banks from halting loans and investments with companies that produce oil and other fossil fuels while they have access to federal assistance programs during the COVID-19 pandemic.

For those who have a limited budget, a bank loan is the perfect financial solution to buy a home. To choose the right bank, here are 5 things you should consider.

The Real Madrid midfielder got creative as he denied a report claiming that he would be included in a swap deal that would see him join Sevilla

Provisions for credit losses were $30.2 million, an increase of 397.9 per cent from a year earlier

TD also said it will have about $600 million of set-asides tied to U.S. credit cards

Siemens has secured a 3 billion euro ($3.25 billion) loan that will be transferred to the group's Energy unit, which is scheduled to be spun off at the end of September, Chief Executive Joe Kaeser told Bloomberg TV on Friday.

Electric carmaker Tesla Inc has entered into an agreement for a working capital loan of up to 4 billion yuan ($565.51 million) with a lender from China for its Shanghai car plant, according to a regulatory filing on Friday.

Mazda Motor Corp has sought loans totalling about 300 billion yen ($2.8 billion) from Japan's three megabanks and other lenders to ride out the coronavirus epidemic, a source with direct knowledge of the matter said on Saturday.

The Government was today warned that up to a third of independent shops will be unable to reopen when the lockdown lifts after facing "horrible" delays in accessing emergency government loans.