ECB to offer new cheap loan stimulus as eurozone slows
Following the conclusion of its quantitative easing (QE) programme last [...]
JPMorgan Chase Enters A Hot Fintech Space: Point-Of-Sale (POS) Financing
More than a quarter of consumers have used point-of-sale [...]
Swiss National Bank made 2.05 bln Sfr from negative interest in 2018
The amount raised by charging interest on sight deposit balances [...]
More People Are Taking Out Personal Loans as the Fintech Industry Grows
Last year, the personal loan market reached $138 billion, a [...]
China’s banks throw open spigots in January, lend record 3.23 trillion yuan
China’s banks made the most new loans on record in [...]
Egypt’s central bank has received $2 billion tranche of IMF loan: MENA
Egypt's central bank has received the $2 billion fifth tranche [...]
Abu Dhabi expected to extend bailout loan to Dubai, sources say
In March 2014, the Abu Dhabi government and the UAE [...]
Innovation essential to sustainable growth of microlending sector
Despite their inherently limited lending scales, microcredit companies are playing [...]
Zopa, the UK P2P lending company, secures bank license
Zopa, the U.K. peer-to-peer lending company that wants to become [...]
Unregulated lenders use loophole to give loans through big retailers
They are offering high-interest loans to customers without having to [...]