Key ideas: Michael Saylor thinks the market is not ready for Bitcoin-backed bonds. The comment was in context with El Salvador offering $1 billion in Bitcoin bonds. MicroStrategy recently took out a $205 million loan against $850 million of its Bitcoin holdings. El Salvador led the digital asset-based finance revolution last year after making Bitcoin […]
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Shoppers walk on Oxford Street as rules on wearing face coverings in certain settings in England are relaxed, amid the spread of the coronavirus disease (COVID-19) pandemic, in London, Britain , January 27, 2022. REUTERS / Toby Melville Join now for FREE unlimited access to Reuters.com Register LONDON, March 29 (Reuters) – Consumer lending in […]
Dionne Kanyowa [email protected] Sureties for a local firm, Select Healthcare, are at risk of losing their property after failing to repay a $3.6 million NMB bank loan after agreeing to a settlement plan. Judge Samuel Deme ordered Tafadzwa P and Biggie Magarira to repay the loan and also ordered that their Pomona-based property be seized […]
The ID Card and Credit Card Printer Market report is a perfect basis for people who are looking for a comprehensive study and analysis of the ID Card and Credit Card Printer Market. This report contains study and miscellaneous information which will help you to understand your niche and focus major market channels in the […]
On the flip side, doing financial transactions online may be a godsend: it eliminates the need for seniors to visit their local brick-and-mortar branch, contact people nearby, and perhaps increase their risk of contracting the coronavirus. According to a recent survey by digital payments provider Zelle, 82 percent of seniors have increased their use of […]
Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Chase has released hefty welcome bonuses on two United credit cards, with one card offering a […]
Tuesday’s announcement by Hellenic Bank of the acquisition of a portfolio of performing loans of up to €556 million from RCB Bank Limited means that a greater impact on the island’s banking system has been avoided. The inevitable impact was triggered by the Russian invasion of Ukraine and the swift EU, British and US sanctions […]
Prevent unauthorized transactions in your demat/trading account Update your mobile number/email id with your stockbroker/depository participant. Receive transaction information directly from Exchanges to your mobile/email at the end of the day and alerts to your registered mobile for all debits and other major transactions on your demat account directly from NSDL/CDSL on the same […]
Companies KCB transforms a 3 billion shilling loan from the National Bank into equity Tuesday, March 22, 2022 Kenya Commercial Bank branch in Nairobi. FILE PHOTO | NMG By CHARLES MWANIKIMore from this author Summary The conversion brings the total equity funding that KCB has invested in NBK to 8.45 billion shillings, having invested 5 […]
Many people see college as an investment of time and energy that can help them get ahead. By earning a college degree in an in-demand field, they can position themselves for a profitable career that will stand the test of time. Unfortunately, college takes more than time and energy; it also requires a considerable financial […]
The CBI has booked former J&K Bank chairman Mushtaq Ahmad Shaikh and 18 others for a loss of Rs 800 crore to the bank caused by loans due to REI Agro, which were issued in breach of guidelines, without tangible security and on fake documents, officials said. Besides bank officials, the Central Bureau of […]
Reckless credit card purchases, late payments, and credit deferral can lead to a debt trap. And unpaid dues can affect your credit score After the Covid-19 pandemic, credit cards have become one of the most popular digital payment methods. The growing use of credit cards suggests consumer demand for innovative financing options and credit constructions […]
Legal Correspondent Shimla, March 17 The HP High Court today rejected the bail applications of seven people who were allegedly involved in the Kangra Central Cooperative Bank (KCCB) loan scam. They are said to be involved in a deal of Rs 19.50 crore disbursed as a loan by KCCB to a bogus company, UR Sinter […]
The CBI on Friday convicted the former chairman of J&K Bank and 18 others for causing the bank to lose Rs 800 crore by providing loans in breach of established guidelines. The CBI has booked former President Mushtaq Ahmad Sheikh and others including loan recipient REI Agro Chairman Sanjay Jhunjhunwala and Vice Chairman and Managing […]
Economy Kenya secures 85 billion shillings loan from World Bank as cost of external debt doubles Friday, March 18, 2022 President Uhuru Kenyatta with World Bank Country Director for Kenya, Keith Hansen. PICTURES | PSCU By OTIATO GUGUYUMore from this author Summary The loan is the second tranche granted to the country after the World […]
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On Wednesday, BJP MP Ashish Shelar alleged in the Maharashtra Legislative Assembly that various companies had duped nationalized state banks out of Rs 13,043 crore, but the Maha Vikas Aghadi coalition government did not has not authorized the CBI to investigate these matters. After these banks approached the central agency, the agency […]
This report discusses the global Prepaid Credit Cards market, market size (historic & current), growth rate (CAGR), and key players. The study covers history and SWOT analysis of the major players in the Prepaid Credit Cards market. It also examines the current market conditions and the forward-looking strategies of key players. The study provides an […]
The government has signed a $120 million loan agreement with the World Bank Group’s International Development Association (IDA) to implement a “Climate Smart Agriculture and Water Management” project. The Scale-Up Window (SUW) loan, signed on March 15, will be jointly implemented by the Bangladesh Water Development Board (BWDB), the Directorate of Agricultural Extension (DAE) and […]
The increasingly warm relationship between South Africa and the Bretton Woods institutions (World Bank and IMF) is probably pushing Nelson Mandela to turn in his grave. The World Bank’s $750 million Development Policy Loan (DPL) to Pretoria in late January signals that the red line Madiba took after becoming South Africa’s first democratically elected president […]
MarketQuest.biz newly published Global Mobile Credit Card Processing Software Market research that highlights anticipated market growth, opportunities, and current momentum in the Mobile Credit Card Processing Software business. The information will be useful for companies looking to launch a product or expand their reach in the mobile credit card processing software market. Suppliers and customers […]
Mumbai: The Mumbai Economic Crimes (EOW) Wing of the Mumbai Police has filed a fourth First Information Report (FIR) against Talwalkars – India’s largest chain of gyms and health clubs – for allegedly defrauding the Syrian Catholic Bank of ₹28.40 crore. The Talwalkars are accused of fraudulently obtaining a loan from the bank and using […]
The Economic Crimes Wing (EOW) of the Mumbai Police has filed a fourth First Information Report (FIR) against Talwalkars – India’s largest chain of gyms and health clubs – for allegedly committing fraud involving the Syrian Catholic Bank up to ₹28.40 crore. The Talwalkars were accused of fraudulently obtaining a loan from the bank and […]
By Express press service VILLUPURAM: Furor erupted among farmers in the district on Thursday after a 22-year-old farmer from Devanur village allegedly committed suicide following the humiliation of a private bank staff member for not repaying the loan of tractor due that the deceased man’s brother had contracted. The farmers’ association had demanded Rs 1 […]
Chelsea’s credit card facilities have been temporarily suspended while banks assess the implications of sanctions imposed on Russian billionaire owner Roman Abramovich. The club received a special license to operate despite Abramovich having his assets frozen by the British government. Banks want to assess licensing criteria to make sure it doesn’t breach government sanctions and […]
No matter what type of business you are involved in, the growth of the car wash industry over the past few decades has been enviable. According to an article published on September 30, 2021 by Statista.com, from 2012 to 2021, car wash industry revenue grew from $7.04 billion to $9.44 billion per year.1 This is […]
A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president may survive fraud investigations and a corporate backlash over his efforts to stay in business. power after losing the 2020 elections. San Diego-based Axos Bank finalized the loan with the Trump Organization on Feb. 17, according to documents […]
[Source: Fijian Government] The Minister of Economy, Aiyaz Sayed Khaiyum is surprised that some banks are still not negotiating new arrangements with their customers regarding the repayment of loans. This after a member of staff at Sheraton Fiji Resort said during budget consultations yesterday that when she was out of work at the height of […]
A pedestrian walks past security barricades in front of Trump Tower in New York City. Donald Trump’s company secured a loan for his Trump Tower in New York after banks severed ties with it a year ago, the latest of several financial wins for the ex-president suggesting he could counter a commercial reaction to the […]
NEW YORK – A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president may survive fraud investigations and a business backlash over his efforts to stay in power after losing the 2020 elections. San Diego-based Axos Bank finalized the loan with the Trump Organization on Feb. 17, according […]
By BERNARD CONDON, Associated Press NEW YORK (AP) — A bank’s decision to loan Donald Trump’s company $100 million is the latest evidence the former president may survive fraud investigations and a business backlash over to his efforts to stay in power after losing the 2020 elections. San Diego-based Axos Bank finalized the loan with […]
The Kochi Corporation can apply for a bank loan to complete the construction of its new office complex. It is estimated that the building, which stands near Marine Drive, could cost around ₹60 crore for completion. The civic body has already disbursed around ₹19 crore for the project, which was started in 2005. The estimate […]
MP SPEAKS | Najib Razak is becoming more and more adept at putting his foot in his mouth. The latest came yesterday when the former Finance Minister questioned why his successors had not redeemed 1MDB bonds before the maturity date to save on interest charges. Najib said that if the government had used funds recovered […]
Consumer spending by credit card remained robust in January and February, even after the end of the holiday season, a sign of growing consumer confidence and a recovery in consumption, at least among wealthier customers. Spending would improve further over time, according to trends, although February’s figures are a little lower than January’s, analysts said. […]
The Bucharest government has earmarked €2.9 billion for measures aimed at mitigating the impact of rising electricity and gas prices on citizens and the public and private sectors. Also in the context of the energy crisis, Romania is proposing a moratorium on bank loan repayments, while President Klaus Iohannis has announced a strategic shift towards […]
By Express press service VIJAYAWADA: One Time Settlement Scheme (OTS) or Jagananna Sampoorna Gruha Hakku Scheme has proven to be more beneficial for the people of the state. Chief Minister YS Jagan Mohan Reddy on Monday launched a loan facility for beneficiaries of the OTS scheme. Chaitanya Godavari Grameena Bank extended loans worth Rs 3 […]